Marcellus Shale Field - Natural Gas Formation Location Marcellus Shale Formation West Virginia
The Marcellus Shale is located in the following West Virginia counties:
WV: Hancock, Brooke, Marshall, Wetzel, Marion,
Monongalia, Harrison, Lewis, Doddridge, Tyler, Richie, Wood, Wirt, Calhoun, Clay, Jackson, Boone, Webster, Gilmer, Braxton,
Fayette, Logan, Pleasants, Roane, Kanawha. Looking for a Job in the Marcellus Shale? View Here
The Marcellus Shale, located in West Virginia, is a large natural gas field in the form of shale rock. This shale is located deep below
the earth's surface and when fractured, can produce a large amount of Natural Gas.
West
Virginia is one of several states that is home to the Marcellus Shale. ( From the West Virginia State Website ): West Virginia is the only net exporter of natural gas east of the Mississippi River. The West Virginia Geological and Economic
Survey has identified about 7,500 wells producing 1.9 million barrels of oil and about 40,500 wells producing 191.6 billion
cubic feet of natural gas. Also: Natural gas is produced in 49 out of West Virginia's 55 counties, through approximately 40,500 wells throughout the state.
West Virginia is the largest producer of oil and natural gas east of the Mississippi River. The state ranks 33rd in the nation
for oil production and 11th for natural gas production.
West Virginia Mineral Rights -
Marcellus Shale
The Marcellus Shale has been a hot spot for landowners living
in West Virginia. Some homeowners who own their land have been approached by oil & gas companies and asked to lease their mineral rights. Owners not only receive a mineral rights bonus, they also receive royalty payments from natural gas extracted
from the Marcellus Shale. Although natural gas prices have fallen in 2009, mineral rights activity is still happening
but at a lower amount. There seems to be less landbrokers from a year ago.
Mineral
Rights Leasing: Wood County, WV - as of late 2008 - $100-$200 per acre ( up to $1000 ) and Royalty Payments of of atleast
16.66%. Right of Way ( ROW ) Pipelines on the property were going for atleast $10 per foot.
Marcellus Shale Jobs
Marcellus Shale Map - Marcellus Shale Fairway
Marcellus Shale
West Virginia Marcellus Shale
- By County
CNX Gas ( CXG )- CNX Gas has acreage in the following
West Virginia Counties - Marshall, Monongalia ( Morgantown ), Marion, Harrison, Barbour, Doddridge, Lewis, Gilmer - over 30,000
acres in these WV counties.
Range Resources ( RRC ) - Range Resources has acreage
in Northern West Virginia in the following counties: Monongalia, Preston, Wetzel, Marshall.
Equitable Resources ( EQT ) - Equitable Resources has acreage
in the the following WV counties: Positive results on a horizontal well drilled in Doddridge County - Vertical Wells
were drilled in Doddridge, Lewis, Gilmer, Richie, Wetzel counties.