Ohio gained one rig last week
Wednesday, June 1, 2016
As of May 27, there were 11 rigs operating in Ohio, up one from May’s monthly average, Pittsburgh Business Times reports.
The most recent Baker Hughes rig count for Pennsylvania shows 16 rigs are operating, which has been steady throughout May. West Virginia’s rig count has remained steady at 10 rigs.
Nationally, there are 404 rigs operating, down from 875 a year ago, but the total number remained the same from the May 20 count.
Read more: Pittsburgh Business Times > Rig count stabilizes nationally, increases regionally
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What are mineral rights?
Mineral rights are the rights of the owner of the property to mine or produce any resources below the surface of the property. Mineral rights are different from surface rights.
Will I get free natural gas if I allow fracking on my property?
Maybe. It depends on your particular lease agreement. Some companies allow property owners a yearly free gas allowance. But, the process of connecting your property to the gas source may be more complicated. Some companies will provide a hookup, others require the landowner to provide one.