Fracking in Wayne National Forest being considered again
Tuesday, November 10, 2015
The possibility of hydraulic fracturing in the Wayne National Forest was shot down in 2011, but oil and gas companies have requested to drill there again.
The Columbus Dispatch reports that the U.S. Bureau of Land Management is reviewing requests from oil and gas companies to drill on 31,900 acres beneath the forest to determine if the mineral rights belong to the federal government, and to consider environmental risks.
Located in southeastern Ohio, Wayne National Forest spans 240,000 acres.
Via: The Columbus Dispatch > Feds consider fracking plan in Wayne forest
More about fracking in Wayne National Forest:
- No fracking in Wayne National Forest; changes to BLM rules Aug. 22, 2014
- Wayne National Forest is now open for Fracking Aug. 30, 2012
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Depending on the company, royalty payments can arrive monthly or quarterly.
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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.
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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.