Infographic: Ohio producing wells
Friday, July 18, 2014
16 Ohio counties have seen drilled and producing wells. Read about the latest Ohio Marcellus and Utica shale news: Marcellus and Utica shale: Production nearly doubles in Ohio
View the infographic for Pennsylvania and West Virginia’s shale drillers here.
View the infographic about the shale industry’s history in Ohio and Pennsylvania here.
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Marcellus & Utica Shale Well Map
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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.