We are taking full advantage of technology as we develop and expand NARO-NY but will need to reach out to existing NARO members to help us to achieve our objectives. When you renew your membership please give strong consideration to joining NARO-NY as well. The use of technology will allow us to share information with a large audience. Royalty income in New York has been generally quite modest and will continue to be so for some months to come. This gives us a great opportunity to grow educate ourselves and others on all of the issues involved in minerals management.
We seek to be a strong organization dedicated to community education and an open information exchange. We will strive to be a resource to help further educate mineral owners about the impacts of leasing, drilling, and financial issues so they can make wise decisions about their property.
Shale in the United States Over the past decade, the combination of horizontal drilling and hydraulic fracturing has provided access to large volumes of oil and natural gas that were previously uneconomic to produce from low permeability geological formations composed of shale, sandstone, and carbonate (e.g., limestone).