Pennsylvania’s producing wells as of Jan. 31, 2016
Thursday, February 11, 2016
Washington County leads the way in Pennsylvania with 1,042 producing wells as of the end of January.
Check out the latest permit counts in Ohio, Pennsylvania and West Virginia here.
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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.