Tax time is ahead, and Pennsylvania landowners with oil and gas rights can look forward to a new deduction. State Senate Bill 654, enacted last July, makes a depletion allowance available to more than 250,000 of these landowners when they report income from their 2024 oil and gas royalties on ...
EDITOR鈥橲 NOTE: This is the last in a series of stories reflecting on 20 years of gas drilling in Southwestern Pennsylvania. Renz No. 1 was enshrouded in doubt 20 years ago, when Range Resources was attempting to unleash natural gas from the well through hydraulic fracturing. Workers had ...
UPDATE: This story was updated Oct. 10 to correct an error regarding the administration of royalties to landowners for natural gas drilling. Editor蘑菇视频 note: This is the third in a series of stories reflecting on 20 years of gas drilling in Southwestern Pennsylvania. Oil and natural gas ...
