Pa. County Approves Fracking Lease With Range At Airport

Law360, Philadelphia (January 10, 2014, 3:54 PM EST) -- The leadership of a Western Pennsylvania county on Thursday voted to unanimously approve a lease with Range Resources Corp. to allow natural gas drilling on more than 136 acres at the county airport.

The three commissioners of Washington County signed off on a plan that will pay Range $6,400 per acre, or a little less than $870,400, for the grounds of the Washington County Airport. The deal also includes an 18.75 percent royalty rate once drilling begins, which is 6 1/2 points above the state’s statutory...
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