DCNR Signs Submerged Land Agreements With EQT Drilling Worth Over $2.5 Million

The Department of Conservation and Natural Resources published two notices in the April 15 PA Bulletin that it has executed new and revised agreements to lease publicly-owned submerged lands in and around the Monongahela River with EQT Production Company for over $2.5 million.

The first notice is to lease 553 acres of streambeds under the Monongahela River in portions of Allegheny, Fayette, Greene and Washington counties for a $2.2 million upfront payment plus royalties on the natural gas produced.  Click Here to read the lease.

The second notice is for an amended agreement for 79.55 acres of streambeds under Tenmile Creek in Greene and Washington counties for an $318,200 upfront payment.  Click Here to read the amended agreement.