Ohio, Pa. lead in natural gas production increases
Friday, May 5, 2017
As United States shale production bounces back, Ohio and Pennsylvania continue to see the highest increases in production among states with natural gas in 2016, according to the Pittsburgh Business Times.
According to data released by the Energy Information Administration, gas production in Ohio and Pennsylvania rose a combined 1.2 billion cubic feet per day in 2015 and 2016. The jump in the Appalachian Basin was by far the largest increase in natural gas production.
The only other states to see more natural gas production were Louisiana, West Virginia and North Dakota.
Learn more: Pittsburgh Business Times > Pennsylvania — and Ohio — lead in gas
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How often do royalty payments come?
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.
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.