40 shale drilling permits issued in Ohio, Pa., W. Va. during week ended Sept. 4
Tuesday, September 13, 2022
Forty new permits were issued to drill shale wells in Ohio, Pennsylvania and West Virginia during the week ended Sept. 4, according to Marcellus Drilling News.
West Virginia issued 17 permits, Ohio issued 14 permits and Pennsylvania issued 9 permits from Aug. 29 to Sept. 4.
A week prior, 19 drilling permits were issued in Ohio, Pennsylvania and West Virginia.
Learn more: Marcellus Drilling News > 40 New Shale Well Permits Issued for PA-OH-WV Aug 29-Sep 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.