Rig count steady in Ohio, Pennsylvania and West Virginia
Monday, July 4, 2016
Rig counts didn’t change week-to-week in Baker Hughes’ latest count.
Ohio still has 12 rigs, Pennsylvania has 13 rigs and West Virginia has 11 rigs as of the July 1 count. Rigs operating in both the Utica and Marcellus shales have remained the same.
A year ago during this week, there were 18 rigs operating in Ohio. Forty-seven rigs were operating in Pennsylvania this week last year, and 19 rigs were operating in West Virginia. The total U.S. rig count stands at 431 as of July 1, down from 862 during the same week last year.
You can view Baker Hughes’ rig count data here.
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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.