14 shale drilling permits issued in Pa., W. Va. during week ended April 17
Friday, April 22, 2022
Fourteen new permits were issued to drill shale wells in Pennsylvania and West Virginia during the week ended April 17, according to Marcellus Drilling News.
Pennsylvania issued 12 new permits. Coterie Energy received four on a single well pad in Susquehanna County. Southwestern received three new drilling permits on the same well pad in Susquehanna County. Chesapeake Energy received one new permit, also, in Susquehanna County.
West Virginia issued two permits. Southwestern Energy and Antero Resources received one permit each in Ohio County and Tyler County, respectively.
Ohio didn’t issue any new drilling permits during this time period.
Learn more: Marcellus Drilling News > 14 new shale well permits issued for PA-OHO-WV Apr 11-17
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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.