State Forest Land/Gas Well Tour Planned Saturday
From Potter County Today
A trip into state forest land in Potter County to view the impact of natural gas wells is planned for Saturday, Feb. 13, and is open to the public. Ron Doughtie from the Pa. Bureau of Forestry has agreed to accompany the group. He’ll share details on the state’s leasing policies and his bureau’s oversight of the industry’s activities on public lands. Those planning to attend should assemble at the Susquehannock Forest District headquarters on Denton Hill no later than 12:30 pm for carpooling/caravan. For more information, contact Melissa Troutman by email at ms.troutman@gmail.com.
During the most recent round of state forest land leasing, Seneca Resources of Houston, Texas, was high bidder on 7,440 acres between Denton Hill and Fox Hill, offering an initial bonus payment of $23.3 million. In the same bid solicitation, Penn Virginia Corporation submitted the high bid of $13.9 million on 3,640 acres in Eulalia and Roulette townships. The state will also receive 18 percent of production royalties from both leases.
Other state forest land in Potter County has been leased, as have some tracts of state game lands. Additionally, subsurface rights on roughly half of the more than 250,000 acres of state-owned land in the county are privately owned and portions of those will be subject to drilling.
Potter County Today is a timely information site courtesy of the Potter County Commissioners. Reprinted with Permission.