13 shale drilling permits issued in Ohio, Pa., W. Va. during week ended Aug. 7
Wednesday, August 17, 2022
Thirteen new permits were issued to drill shale wells in Ohio, Pennsylvania and West Virginia during the week ended Aug. 7, according to Marcellus Drilling News.
Pennsylvania issued seven new permits from Aug. 1-7. Range Resources received three permits to drill in Washington County. Southwestern Energy received three permits to drill in Susquehanna County.
Ohio issued one new drilling permit to Southwestern Energy to drill in Monroe County.
West Virginia issued five new drilling permits. Four of those permits went to Eat to drill in Wetzel County.
Learn more: Marcellus Drilling News > 13 New Shale Well Permits Issued for PA-OH-WV
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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.