11 shale drilling permits issued in Ohio, Pa., W. Va. for week ended June 25
Friday, July 7, 2023
Eleven new permits were issued to drill shale wells in Ohio, Pennsylvania and West Virginia from June 19 to 25, according to Marcellus Drilling News.
Pennsylvania issued six new drilling permits during the time period. Olympus Energy received four of those permits to drill in Allegheny County.
Ohio issued two new drilling permits during the time period.
West Virginia issued three new drilling permits from June 12 to 18. Southwestern Energy received all of those permits to drill in Marshall County.
A week prior, from June 12 to 18, 21 new permits were issued to drill shale wells in Ohio, Pennsylvania and West Virginia.
Learn more: Marcellus Drilling News > 11 New Shale Well Permits Issued for PA-OH-WV Jun 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.