23 shale drilling permits issued in Ohio, Pa., W. Va. for week ended Jan. 8
Wednesday, January 18, 2023
Twenty-three new permits were issued to drill shale wells in Ohio, Pennsylvania and West Virginia from Jan. 2 to Jan. 8, according to Marcellus Drilling News.
Pennsylvania issued 14 new permits during the time period. Apex Energy received six permits to drill on a single well pad in Westmoreland County and Coterra Energy received five permits to drill on a single well pad in Susquehanna County.
Ohio issued 8 new permits and West Virginia issued one new drilling permit from Jan. 2 to Jan. 8.
During the period of Dec. 19 to Jan. 1, 38 new permits were issued to drill shale wells in Ohio, Pennsylvania and West Virginia.
Learn more: Marcellus Drilling News > 23 New Shale Well Permits 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.