Utica shale industry needs workers
Wednesday, April 26, 2017
As the oil and gas industry continues to recover, it struggles to find qualified workers who can pass a drug test, according to The Canton Repository.
Stark State College’s Oil & Gas program has struggled to recruit high school students, despite offering scholarships and the availability of jobs that pay around $20 an hour after graduation.
In the next 18 months, workforce demand will skyrocket with companies like Ascent, Halliburton, Marathon Petroleum and Momentum hiring workers, according to Dan Schweitzer, the director of the Oil & Gas and Environmental Technologies programs at Stark State. However, a lack of workers may affect the region’s ability to attract large projects and complete large interstate pipelines.
Learn more: The Canton Repository > Oil and gas industry looking for workers
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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.