45 shale drilling permits issued in Ohio, Pa., W. Va. during week ended Aug. 21
Thursday, September 1, 2022
Forty-five new permits were issued to drill shale wells in Ohio, Pennsylvania and West Virginia during the week ended Aug. 21, according to Marcellus Drilling News.
Pennsylvania issued 30 new permits from Aug. 15-21. Coterie Energy received twelve permits to drill in Susquehanna County. EQT received six permits on a single pad in Greene County. Chesapeake Energy also received six permits, split between well pads in Bradford County and Lycoming County.
West Virginia issued 10 new drilling permits. HG Energy II Appalachia, LLC received half of those to drill in Lewis County. Three of the remaining permits were issued for drilling activity in Wetzel County and the final two for drilling in Marshall County.
Ohio issued five new drilling permits.
Learn more: Marcellus Drilling News > 45 New Shale Well Permits Issued for PA-OH-WV Aug 15-21
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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.