Richard Fanelly
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Negotiating a Unitizing Amendment For an Old Gas Lease

Started this discussion. Last reply by Richard Fanelly Jun 12, 2011. 15 Replies

I own 75 acres in Upshur County, WV, subject to a 1979 gas lease (12.5% royalty, no Pugh Clause) with 2 old low producing vertical wells. The leaseholder/gas well operator wants to amend the lease to…Continue

Operating Gas Well Value

Started this discussion. Last reply by Richard Fanelly May 29, 2011. 10 Replies

I own the royalty interest to two old WV gas wells, drilled in 1980 and now each well is producing about 100 Mcf per month. A coal company wants to buy my 1/8 interest in the wells so they can be…Continue

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Latest Activity

Richard Fanelly replied to Kyle Nuttall's discussion 'Atlantic Coast Pipeline' in the group Upshur County, WV
"Thanks for the reply.  MVP?     Richard Fanelly   "
Nov 20
Richard Fanelly replied to Kyle Nuttall's discussion 'Atlantic Coast Pipeline' in the group Upshur County, WV
"Now that the ACP has been terminated, what are the prospects for moving gas from Upshur to market? How much of a drilling deterent  is the cancellation once the gas price is over $3? Richard Fanelly  "
Nov 18

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Introduce Yourself
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What is your role?
Landowner
Which state(s) are you following?
West Virginia

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