PA, NY, & OH Landowners Benefitting From Rising Property Values In Shale Development Areas

 

Opponents of the St. Tammany Parish energy project have historically been quick to pass judgment, saying that any and all oil and gas activity will undoubtedly decrease property values and negatively impact the quality of life for parish residents. Though industry experts and those with oil and gas experience know that's not the case, it's important that we all continue our due diligence in seeking the truth, knowledge, and facts about this important energy project.

 

A recent article on NaturalGasNOW.org, Tools for Estimating Marcellus & Utica Shale Property Values, details the effects of shale plays, particularly in the Marcellus and Utica Shale, and the positive impact the plays have had on increased property values in land adjacent to drill (or proposed) sites.

The author explores how recent well production results from counties in Pennsylvania are demonstrating remarkable results. Yet increased property value in shale development areas is not just limited to Pennsylvania, and landowners nationwide are in fact becoming the beneficiaries of rising property values.

 

Why? Thanks can be attributed in large part to oil and gas minerals (OGM) leases.

 

Edward Camp, II, ShaleNavigator Team Lead at Geospatial Corp, supports his findings in three parts:

  1. Shale Property Values Tool #1 - Sales Comparison Approach
  2. Shale Property Values Tool #2 - Mapping Software Analysis
  3. Shale Property Values Tool #3 - Royalty Calculator and Decline Curve Web App

As the article notes, it's important for those who are in active shale development areas, as well as for those who are in shale areas where drilling has not yet commenced, to understand the valuation of property. There are tools and resources available to anyone willing to put in the time and effort to conduct the proper research.   

 

For those interested in reading Camp's article in its entirety you may click the link above. To learn more about how the St. Tammany Parish energy project specifically is poised to play an important role in strengthening the local, state and U.S. economies click here, or visit www.helisenergyproject.com. 
In The News

Interior Secretary Sally Jewell says local and statewide bans on fracking often stem from fears about the controversial practice, but often those fears are misguided and not founded in sound science.

 

How important is the oil and gas industry in Louisiana? LSU economist Dr. Loren Scott, Ph.D. explains his findings in a report entitled, The Energy Sector: Still A Giant Economic Engine For The Louisiana Economy.

According to the Energy Information Administration, hydraulic fracturing has helped U.S. oil reserves hit a 38-year high. 


"There is an American renaissance on the horizon- an explosion of economic activity fueled by the American energy revolution." Read more in Fracking Rescuing Middle Class!


A new study released by researchers at the University of Colorado Boulder found that toothpaste, ice cream and the chemicals used in fracking may have more in common than you thought. 
About Helis Oil & Gas
Proud to call Louisiana home for over 80 years

Helis Oil & Gas is a privately owned oil and gas exploration and production company that has owned and operated wells throughout the nation, including properties in Alabama, Mississippi, Louisiana, Texas, Oklahoma, Colorado, Wyoming, Montana and North Dakota.  The company has had extensive operations on private, federal and state lands, as well as in federal offshore waters and inland state waters in Louisiana.  Helis Oil & Gas has drilled in sensitive environments, such as wildlife preserves, always with the highest regard for its surroundings.  Helis Oil & Gas regards itself as a respectful guest in the communities in which it works and has historically been committed to contributing to these communities through philanthropic and civic endeavors.  

 

Learn more about the St. Tammany Energy Project at http://www.helisenergyproject.com/.