All things pertaining to the Marcellus & Utica Shale

Ritchie County, WV

Information

All things pertaining to natural gas leasing in Ritchie County.

Website: http://www.GoMarcellusShale.com
Location: Ritchie County
Members: 32
Latest Activity: Apr 30

Started by bruce barton. Last reply by bruce barton Mar 26.

Started by Nancy Mosley. Last reply by James Milleson Mar 9.

Started by gasoholic. Last reply by gasoholic Dec 10, 2011.

Started by EnergyIndependence. Last reply by Martha Lee Vincent Nov 29, 2011.

Started by J Nestor. Last reply by Larry Gander Nov 29, 2011.

Started by rob oneill. Last reply by Jim White Sep 12, 2011.

Started by gasoholic Sep 9, 2011.

Comment

Comment by Nancy Mosley on January 29, 2012 at 9:28pm: Re the dormant mineral rights owned by non-surface owners: the county assesses taxes on producing and nonproducing mineral (oil, gas) rights. If you are assessed a tax and pay it on time that should be sufficient. If you don't pay the tax then you have your name in the local paper, and the parcel (OGM rights) is sold to the highest bidder at an auction. But even then you have 18 months to redeem your property (pay back taxes and probably a fine). The purchaser gets a refund. Nothing reverts to the surface owner unless he/she is the purchaser at the tax sale.

I am Not an attorney but have inquired about this process.

Comment by Martha Lee Vincent on January 29, 2012 at 7:29pm: In Wv. what happens to dormant mineral rights owned by non-surface owners after 29-30 years with no saving events. Do we have a law that lets mineral rights in these instances revert back to the surface owners after a certain period of time? Any lawyers on here?

Comment by J Nestor on October 14, 2011 at 8:41am: If you can wait, the price will go alot higher, wait. Start working on what you want in your lease. If you have an O&G attorney ask him what he has heard and study his lease that he has negotiated in the past. The O&G companies are in a frenzy in southeastern ohio right now, when those areas are done they will start moving into these areas.

Comment by Nancy Mosley on October 13, 2011 at 9:29pm: Thanks, Martha, that's what we (sister and I) are thinking. I just want to check with others.

Comment by Nancy Mosley on October 13, 2011 at 12:14pm: A company is trying to get a unit together in the Gillespie Run area for another company to drill a "deep well". I think the amount offered (about $25 an acre) is low. Thoughts?

Comment by bruce barton on October 7, 2011 at 5:04pm: we have been spammed by someone with bad english- be careful, and don't open any links that you are not sure of! B

Comment by bruce barton on October 7, 2011 at 2:11pm: I have identified six wells within a mile of my property on the cisco rd- 085-9511,9639,9540,9550, 9659,9733. Four different owners, #9733, a Viking well, was fracked. Does anybody have any more info on any of these wells? I live in Atlanta, Ga and don't have good access to anything that is not on-line. B

Comment by Nancy Mosley on October 7, 2011 at 9:04am: Erin, when I looked it up I only saw 3 in the time since January 2010. However, they can't apply for a permit until they have the lease in place.

Do you live in Doddridge County? If so, you could go to the courthouse and look up the leases recorded to that company and see what they say. Also get a copy of the deed where your husband's father or other ancestor bought the property, to see just what your family owns.

This might be a good time to get acquainted with the cousins.

Comment by Erin Rader on October 6, 2011 at 11:20pm: for some reason I can only see a few "A" names, so I'm not sure if I'm just not excel savvy or they only have 3 permits out?