West Virginia Mineral Rights
West Virginia Mineral Rights, Oil & Gas Royalty Buyers
West Virginia Mineral Rights were discovered in 1859. This happened when large oil and gas fields were found near and over salt domes. Since then, West Virginia has experienced quite a bit of growth within the mineral rights and oil and gas royalties business.
The Marcellus Shale
As one of the largest shale formations in the country, the Marcellus Shale Formation underlies parts of multiple states, including West Virginia. The Marcellus Shale contains roughly 84 trillion cubic feet of natural gas. An initial natural gas well was drilled in 2003, but production really picked up 2008 when companies began to use hydraulic fracturing and directional drilling.
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Selling Your Mineral Rights in West Virginia
Many people choose to sell their mineral rights and oil and gas royalties to build on their retirement fund, to get money they may need for an emergency or other unexpected expenses, or even to get rid of the stress of owning/managing their rights and royalties. If you’re considering selling your mineral rights in West Virginia, CP Royalties will use our expertise to guide you smoothly through the process; making it as seamless as possible with the ability to close in as little as 15-30 days.