Appalachian Basin permitting activity picks up June 14-20
Thursday, June 24, 2021
Forty-six permits were issued in the Marcellus and Utica shale plays during the week of June 14-20, according to Marcellus Drilling News.
The Pennsylvania Department of Environmental Protection issued 30 new permits during the week of June 14-20. A majority of the permits were dispersed among three well pads operated by EQT, Chesapeake Energy and Range Resources.
West Virginia issued 16 new permits, split between Antero Resources and EQT. The activity comes after two consecutive weeks with no permits issued.
Ohio had no new drilling permits issued during the week of June 14-20.
Learn more: Marcellus Drilling News > Weekly Shale Drilling Permits for PA, OH, WV: Jun 14-20
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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.