31 shale drilling permits issued in Ohio, Pa., W. Va. during week ended Nov. 20
Friday, November 25, 2022
Thirty-one new permits were issued to drill shale wells in Ohio, Pennsylvania and West Virginia from Nov. 14 through Nov. 20, according to Marcellus Drilling News.
Pennsylvania issued 26 new permits during the week ended Nov. 20. Ohio issued five new permits. West Virginia didn’t issue any new drilling permits.
During the week of Nov. 7-13, 26 new permits were issued to drill shale wells in Ohio, Pennsylvania and West Virginia.
Learn more: Marcellus Drilling News > 26 New Shale Well Permits Issued for PA-OH-WV Nov 14-20
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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.