37 drilling permits issued in Appalachian Basin during week ended Sept. 12
Monday, September 20, 2021
Thirty-seven new permits were issued in the Appalachian Basin during the week of Sept. 6-12, according to Marcellus Drilling News.
The Pennsylvania Department of Environmental Protection issued 18 permits for new shale well drilling last week, scatted across Pennsylvania.
Ohio issued almost as many permits during the same time period — 17. Ascent resources received 12 permits, Gulfport Appalachia received three and EAP Ohio LLC received two.
Two new permits were issued in West Virginia from Sept. 6-12.
Learn more: Marcellus Drilling News > Weekly Shale Drilling Permits for PA, OH, WV: Sept. 6-12
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How often do royalty payments come?
Depending on the company, royalty payments can arrive monthly or quarterly.
Are my royalty payments transferable?
Yes. If you plan on selling your property, notify the gas company that is leasing your land and your realtor. They will make arrangements to allow the royalty payments to transfer to a different land owner.
What are royalties?
Royalties are payments from the gas company to the landowner as part of a lease agreement. Royalties payments cannot begin until production begins. The payments are dependent upon the market price of the resource.