21 shale drilling permits issued in Ohio, Pa., W. Va. for week ended June 18
Thursday, June 29, 2023
Twenty-one new permits were issued to drill shale wells in Ohio, Pennsylvania and West Virginia from June 12 to 18, according to Marcellus Drilling News.
Pennsylvania issued twelve new drilling permits during the time period. Snyder Brothers received nine of those permits to drill in Armstrong County.
Ohio issued six new drilling permits during the time period. INR received four of those permits to drill in Carroll County.
West Virginia issued three new drilling permits from June 12 to 18.
A week prior, from June 5 to 11, 20 new permits were issued to drill shale wells in Ohio, Pennsylvania and West Virginia.
Learn more: Marcellus Drilling News > 21 New Shale Well Permits Issued for PA-OH-WV Jun 12-18
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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.