30 shale drilling permits issued in Ohio, Pa., W. Va. during week ended Sept. 11
Wednesday, September 21, 2022
Thirty new permits were issued to drill shale wells in Ohio, Pennsylvania and West Virginia during the week ended Sept. 11, according to Marcellus Drilling News.
Pennsylvania issued 21 new permits from Sept. 5-11. West Virginia issued six new drilling permits and Ohio only issued three new permits.
Learn more: Marcellus Drilling News > 30 New Shale Well Permits Issued for PA-OH-WV Sep 5-11
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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.