Gas Exploration and Leasing on Private Land: Tips and Guidance for Landowners
(PDF, 465K) August 2005
This document provides clear, current, and useful information about the gas development process, particularly in NY's Southern Tier region. It clarifies a number of aspects about gas leasing, including exactly what is being leased, the benefits and drawbacks of leasing, the nature of exploration and variability in lease values, gas storage, payment expectations, implications for income and property taxes, and the role of legal counsel. The publication has been reviewed and supported by NYS Agriculture and Markets for farmland impacts and by the NYS DEC for exploration, compulsory pooling, and regulatory aspects of gas development.
Contact Brett Chedzoy, Regional Natural Resources Specialist for further information about natural gas exploration and leasing.
bjc226@cornell.edu
(607) 535-7161
Additional gas and pipeline information:
Tips for Landowners from the NYS Department of Environmental Conservation
http://www.dec.state.ny.us/website/dmn/tip.htm
Pipeline Right-Of-Way Construction Project Guidelines. NYS Department of Agriculture and Markets. Available online at http://www.agmkt.state.ny.us/AP/agservices/WEBAPConstrGuides.pdf
Regulations for Gas Transmission Lines Less Than Ten Miles. From the NYS Department of Public Service.
http://www.dps.state.ny.us/articlevii_Gas.pdf
|