Infographic: Shale did you know…
Friday, July 18, 2014
More drilling permits are being issued as oil and gas companies continue to explore the Marcellus and Utica shale plays. Read more about the Ohio shale industry’s reports: Marcellus and Utica shale: Production nearly doubles in Ohio
View the infographic for Ohio’s shale drillers here.
View the infographic for Pennsylvania and West Virginia’s shale drillers here.
Leave a Comment
Marcellus & Utica Shale Well Map
Additional Shale Maps
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.