For Immediate Release
March 16, 2010
Contact: Adam Pankake
717-787-3280
Yaw
Legislation to Set Reporting Requirements for Gas Wells Sent to Governor
(HARRISBURG)
-- In a bill sponsored by Senator Gene Yaw (R-Lycoming), the Senate of
Pennsylvania took action on the first regulatory legislation relating to Marcellus
Shale. This action paves the way for signature by the Governor in the
near future.
Yaw
said Senate Bill 297 amends the Oil and Gas Act to require operators of
Marcellus Shale wells to provide well production information to the Department of
Environmental Protection. That information will be made public in six
months and be posted on DEP's website. Yaw said
"the current law required DEP to keep production information confidential
for a period of five years, so the change to six months is very
significant."
"As
this new industry begins to grow and expand, it is important that we have
information on the amount of gas being produced by each well," Yaw
said. "This is important to ensuring transparency and proper
record-keeping."
Yaw
said his bill will also enable companies to determine where natural gas
production levels are higher, which will help to attract larger
companies. This will not only help the local economy but also encourage
greater production and use of natural gas.
The
bill now awaits the Governor's signature.
Contact:
Adam
Pankake
717-787-3280