Leasing in Columbiana County Picks Up; Bonuses & Royalties Down

Once upon a time (roughly 12 years ago), Chesapeake Energy and other shale drillers were leasing property in Columbiana County, OH, in deals that often paid $6,000 per acre for a signing bonus and granted 20% royalties for any oil or gas produced. According to an analysis by the Youngstown Business Journal, those days are…

The post Leasing in Columbiana County Picks Up; Bonuses & Royalties Down first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.