§ 34. Escalation required for alteration to original state
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 58 P.S. Oil and GasEffective: September 9, 2013
Effective: September 9, 2013
58 P.S. § 34
§ 34. Escalation required for alteration to original state
An oil, natural gas or other designation gas well or oil, natural gas or other designation gas lease which does not include a one-eighth metered royalty shall be subject to an escalation equal to one-eighth metered royalty when its original state is altered by new drilling, deeper drilling, redrilling, artificial well stimulation, hydraulic fracturing or any other procedure to increase production. A lease shall not be affected when the well is altered through routine maintenance or cleaning.
Credits
1979, July 20, P.L. 183, No. 60, § 2, effective in 60 days. Amended 2013, July 9, P.L. 473, No. 66, § 3, effective in 60 days [Sept. 9, 2013].
58 P.S. § 34, PA ST 58 P.S. § 34
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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