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New Plans Impact Development of Mineral Rights and Leases in Virginia and West Virginia

Under the new final forest plan, officials have decided the George Washington National Forest that spans through Virginia and West Virginia will begin allowing some oil and gas action via hydraulic fracturing (fracking) and horizontal drilling. This includes a determination that will limit availability of new leases, and provides a strong framework for development […]

By |January 1st, 2015|Mineral Rights, Oil & Gas Leases|0 Comments

What is the Marcellus Formation, and Why is it a Profitable Area?

The Marcellus Formation is part of the Devonian black shale, with the thickness of gas-producing rock being as much as 900 feet. It is an entity of marine sedimentary rock running through Appalachia in the United States–primarily located in Pennsylvania, New York, West Virginia and Ohio. This formation runs what is estimated to be […]

By |December 31st, 2014|Marcellus Shale|0 Comments