Wednesday, July 17, 2013

Hess and Newfield pull Wayne County gas leases

The Associated Press published a story stating Hess Corporation and Newfield Appalachia Exploration have begun terminating leases in northern Wayne County. Landowners in Wayne County have been receiving letters from the two drilling and exploration companies that natural gas leases in the region would be terminated. Upfront payments that were part of each lease have been paid to landowners; however, further payments for the development of gas wells will not be paid. Newfield officials stated the company was redirecting its focus to the production of oil, rather than gas, and Hess officials declined to comment.

Currently, drilling is halted in Wayne County until the Delaware River Basin Commission takes action on draft drilling regulations. The Northern Wayne Property Owners Association urged the DRBC to allow drilling, in a letter dated June 27, 2013.

Written by: Garrett Lent, Research Assistant
Agricultural Law Resource and Reference Center
July 2013

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