21 shale drilling permits issued in Ohio, Pa., W. Va. during week ended Dec. 4
Monday, December 12, 2022
Twenty-one new permits were issued to drill shale wells in Ohio, Pennsylvania and West Virginia from Nov. 28 through Dec. 4, according to Marcellus Drilling News.
West Virginia saw the most permitting activity, issuing 12 new permits during the week ended Dec. 4. Pennsylvania issued five new permits and Ohio issued three new permits.
Overall activity was up from the previous week. Seventeen new permits were issued to drill shale wells in Ohio, Pennsylvania and West Virginia from Nov. 21 to Nov. 28.
Learn more: Marcellus Drilling News > 21 New Shale Well Permits Issued for PA-OH-WV Nov 28-Dec 4
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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.