Supervisor James Goldstein has been working with neighboring Supervisor Jim Bays of Smyrna, and with the support of the Madison and Chenango County Boards of Supervisors and the Association of Towns of New York State to obtain more home-rule authority over natural gas production regulatory oversight and taxation changes.
Goldstein said the gas is a local resource that should benefit all residents and residents with existing leases and producing wells may not have been fully informed as to the potential signing bonuses and other opportunities now being negotiated.
Signing bonuses in counties to the south are running as high as $2,400 per acre or more. Groups have formed to help property owners negotiate environment- and farm-friendly leases and royalties, and Goldstein said this would be the way to help some of those who signed up years prior before the information became more forthcoming about gas leasing.
Goldstein said the proposal is a win-win for all town residents, that with the rising demand and price of energy and the recent significant investment made in research in the township by gas companies, there will be many more wells drilled in the town and region.
Nornew Inc. is very active in gas well leasing, seismic testing and drilling in Lebanon and the neighboring towns of Georgetown, Hamilton and in the Chenango County towns of Smryna, Preston, Plymouth and other areas south, Goldstein said. Nornew Inc. has requested seismic testing permits for county road rights-of-way in Hamilton and additional testing on South Lebanon Road in the Lebanon area. Residents should have received a prior notification postcard.
Goldstein encourages all residents with questions to contact him at 837-4152 or email@example.com. He said he plans to raise the issue of seismic testing permits at a adison County Board of Supervisors Committee of the Whole meeting in Wampsville on Aug. 12.