John J Interval, P.G, C.P.G.

Male

Bridgeville, PA

United States

Gas Professional

Profile Information:

Introduce Yourself
~30 Year Professional Petroleum Geologist specializing in the Appalachian Basin.
Which state(s) are you following?
Pennsylvania, West Virginia, New York, Ohio, Texas, Oklahoma, North Dakota
What shale plays do you follow?
All Shale Plays, Bakken, Eagle Ford, Marcellus, Utica

Comment Wall:

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  • Charles Moss

    John, I recently inherited the mineral rights on 25 acres in Wetzel County, WV from my aunt. She had previously leased the gas rights to Dominion for a 12.5% royalty. I'm trying to figure out what value the lease may have, if any. I'm under the impression that for royalty payments to occur that a well must be drilled in the area of the 25 acres, assuming that the 25 acres are included in some larger "production unit". Right? How would one ever figure out the likelihood of royalty payments? Thanks for any ideas you can give.
    Charles

    Feb 2, 2010

  • John J Interval, P.G, C.P.G.

    Charles, Your question is commom. To find out if your property is held by production, contact the WVa Geological Survey and ask them for the well plats and completion reports and a map on or around your lease. If your property is included in an existing unit that is producing gas, you should be receiving payments for production. If this is true, your lease is held by production and you have no additional rights. If the lease has expired and you are not cashing checks then the property is yours to lease. As for the value, it would need to be assessed. It does have value.

    Feb 3, 2010

  • John J Interval, P.G, C.P.G.

    On Disposal Wells: If the disposal formation is above potential lower producing formations then there is no reason leases can be drilled to produce those formations. However, if the Producing formation is above the disposal formation then it would not be prudent to attempt this for fear of damaging the pipe on the disposal well from horizontal drilling and subsequent fracing.

    Mar 23, 2014