Ohio’s top 10 shale oil and gas producers in 2018
Friday, May 31, 2019
Columbus Business First compiled a list of Ohio’s top 10 shale oil and gas producers in 2018. The list is as follows:
- Ascent Resources Utica LLC
- Gulfport Energy Corp.
- Rice Drilling D LLC
- Chesapeake Exploration LLC
- Antero Resources Corp.
- Eclipse Resources I LP
- CNX Gas Company LLC
- Equinor USA Onshore Properties
- XTO Energy Inc.
- Gulfport Appalachia LLC
The production wells on the list are concentrated in Belmont, Monroe, Harrison, Jefferson, Carroll, Columbiana, Noble and Guernsey counties in east-central and southeast Ohio. The companies were rankings were determined by production in thousands of cubic feet as reported by the Ohio Department of Natural Resources.
Learn more: ShaleOhio > Ohio’s top shale oil and gas producers
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Shale FAQ
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.