What is a Lease?
A Lease is a contract between the mineral owner and Triana Energy that allows for the exploration and production of natural gas and other hydrocarbons on specific property. The lease will contain all the provisions agreed to by Triana Energy and the mineral owner including terms such as royalty interest to be received by the mineral owner when production is established, per-acre payments for annual or one-time rental, term of the lease, etc. The lease will also provide Triana Energy with access to the surface which is required to drill and produce wells, operate and maintain equipment, and install pipelines.
Why should I lease to Triana Energy?
Triana Energy is recognized as a leader in the ongoing search for and development of new energy reserves in the Appalachian Basin. We are committed to putting our expertise to work to develop and deliver energy in a manner that is recognized as being excellent as evidenced by our ISO certification. In addition, we pride ourselves in not only being stewards of the environment but responsible for improving the communities in which we live and work.
Will I be notified before drilling begins?
Yes. In addition to notifications required by the regulatory agencies, there will be extensive interaction with the surface owner well in advance of Triana Energy entering the property to construct the drilling location. Triana Energy is committed to open and transparent communication with the surface.
When will I begin receiving royalty payments?
Triana Energy pays royalties once production of the well has been established and revenue is received. This is typically 90 days after the beginning of production. Triana Energy will confirm the rate and payment schedule for your royalties in a timely manner
Who has regulatory oversight of the drilling project?
Triana Energy works to ensure that all local, state, and federal regulations and requirements are fully met. Development of these wells are regulated under a system of multiple interrelated, interdependent, and overlapping federal, state and local laws that address every aspect of the well development process. The Division of Gas and Oil and other regulatory bodies located in the State where the well is located has regulatory oversight of the actual drilling process. The regulating body’s responsibilities include regulating the effects of gas and oil operations both on and below the surface, issuing permits, client assistance programs, inspection of well sites and gathering pipelines, reclamation of abandoned well sites, protection of correlative rights, and promotion of resource conservation practices.
You can reach the Division of Gas and Oil in your state at:
How disruptive is the drilling?
The drilling process is much like any other construction activity. This process involves the use of large equipment and the drilling is conducted around the clock until the well is drilled to its total depth. Triana Energy strives to meet and/or exceed all regulatory and statutory requirements regarding noise and other disturbances that result from our activities. Triana Energy is also cognitive of local residents and employs a variety of sound abatement, directional lighting, and other methods of mitigating impacts to the local residents
Are natural gas pipelines safe?
Natural gas pipelines are subject to rigorous inspection. Inspections are conducted during construction and while pipelines are in operation. Triana Energy will comply with all local, state and federal safety regulations in the installation and operation of all pipelines.
↑Back to TopWhat will my property look like when the drilling is complete?
Once the drilling operation is complete and the well or wells are producing, Triana Energy will require access to the site periodically to monitor and maintain equipment. All other areas of the location will be restored to as near its original condition as possible
What is a Right-of-Way?
A Right-of-Way is a contract by which the surface owner of a specific tract of land grants access to Triana Energy for the installation, operation and maintenance of a pipeline. Typically, a lease provides Triana Energy the right to install pipelines on the surface to produce gas from specific properties, however, there are cases in which Triana Energy may also require a specific Right-of-Way as well.
Who maintains the Right-of-Way?
Triana Energy is responsible for maintenance of the right-of-way. The right-of-way will be clearly marked and no one should dig or conduct any other operation on the right-of-way.
How do I contact Triana Energy?
Corporate Headquarters
Triana Energy, LLC
900 Virginia Street East
Charleston, WV 25301
Main Office Number:
304.380.0100
Main Office Fax:
304.380.0149
