Pennsylvania issues 10 drilling permits from July 19-25
Friday, July 30, 2021
Pennsylvania issued 10 new oil and gas drilling permits during the week of July 19-25, according to Marcellus Drilling News.
Southwestern Energy received four new permits. Laurel Mountain Production was issued three permits. Cabot Oil & Gas, CNX Resources and EQT each received one permit.
Ohio issued three new drilling permits during this time period.
In the adjacent state of West Virginia, no new drilling permits were issued from July 19-25.
Learn more: Marcellus Drilling News > Weekly Shale Drilling Permits for PA, OH, WV: July 19-25
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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.