Permitting activity increases in Ohio, Pa., W. Va. during week ended Nov. 21
Friday, December 3, 2021
Permitting activity increased in Ohio, Pennsylvania and West Virginia during the week ended Nov. 21. Thirty-two new shale drilling permits were issued across all three states, according to Marcellus Drilling News.
Pennsylvania issued 15 new permits — five to Corterra Energy Inc., four to Range Resources Appalachia LLC, three to Laurel Mountain Production, two to Seneca Resources Co. LLC and one to XPR Resources LLC.
Ohio issued nine new shale drilling permits. Ascent accounted for the majority with six and EAP Ohio LLC received the remainder.
West Virginia issued eight new drilling permits all of which went to Tug Hill Operating LLC, except one. EQT claimed the final permit for a well in Marshall County.
Learn more: Marcellus Drilling News > 32 New Shale Well Permits Issued for PA-OH-WV Nov 15-21
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How often do royalty payments come?
Depending on the company, royalty payments can arrive monthly or quarterly.
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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.
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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.