17 shale drilling permits issued in Ohio, Pa., W. Va. during week ended Nov. 27
Wednesday, December 7, 2022
Seventeen new permits were issued to drill shale wells in Ohio, Pennsylvania and West Virginia from Nov. 21 through Nov. 27, according to Marcellus Drilling News.
Pennsylvania issued 12 new permits during the week ended Nov. 27. Seneca Resources received eight for one pad in Cameron County and Chesapeake Energy received four for one pad in Bradford County.
Ohio issued four new permits to Encino Energy — one in Carroll County and three in Harrison County.
West Virginia issued one new permit to Antero Resources in Doddridge County.
Learn more: Marcellus Drilling News > 17 New Shale Well Permits Issued for PA-OH-WV Nov 21-27
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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.