11 shale drilling permits issued in Ohio, Pa., W. Va. during week ended Oct. 23
Tuesday, November 1, 2022
Eleven new permits were issued to drill shale wells in Ohio, Pennsylvania and West Virginia from Oct. 17 through Oct. 23, according to Marcellus Drilling News.
Pennsylvania issued 10 new permits during the week ended Oct. 23. Range Resources received six permits for drilling in Beaver County.
Ohio issued one new permit to Southwestern Energy for drilling in Monroe County.
West Virginia didn’t issue any new drilling permits from Oct. 17-23.
Learn more: Marcellus Drilling News > 11 New Shale Well Permits Issued for PA-OH-WV Oct 17-23
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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.