12 shale drilling permits issued in Ohio, Pa., W. Va. for week ended May 21
Wednesday, May 31, 2023
Twelve new permits were issued to drill shale wells in Ohio, Pennsylvania and West Virginia from May 15 to 21, according to Marcellus Drilling News.
Pennsylvania issued 10 new drilling permits during the time period. Coterra Energy received three permits to drill in Susquehanna County and Chesapeake Energy received three permits to drill in Bradford County.
Ohio issued two new permits from May 15 to 21. West Virginia didn’t issue any new permits during the same time period.
A week prior, from May 8 to 14, 26 new permits were issued to drill shale wells in Ohio, Pennsylvania and West Virginia.
Learn more: Marcellus Drilling News > 12 New Shale Well Permits Issued for PA-OH-WV May 15-21
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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.