Ohio sees uptick in permitting activity during week ended Oct. 3
Monday, October 11, 2021
Ohio issued 10 new shale drilling permits during the week ended Oct. 3 — an increase from typical permitting activity, according to Marcellus Drilling News.
Antero Resources received six drilling permits for wells in Nobel County. Gulfport Resources received four drilling permits all for the same well pad in Jefferson County.
Pennsylvania issued eight drilling permits and West Virginia issued one new drilling permit during the same time period.
Learn more: Marcellus Drilling News > Weekly Shale Drilling Permits for PA, Oh, WV: Sept 27-Oct 3
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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.