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Top Concerns Faced by Oil and Gas Royalty Owners and Why You Need Mineral Management Experts
Owning oil and gas royalties can be a valuable asset, but managing them often presents significant challenges. Whether you’ve inherited mineral rights or purchased them as an investment, you likely understand the complexities involved. From ensuring accurate payments to interpreting lease terms, these tasks can quickly become overwhelming. That’s where mineral management experts come in—they…
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Comparison of West Virginia Marcellus Well Productivity
In a past article, we examined decline curve theory and some of the factors which can influence the pace of production decline in a well. Today, we’ll look at actual well results and compare the productivity of West Virginia Marcellus wells located in two areas 50 miles apart. It can be exceedingly difficult to compare…
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Understanding the Marcellus Decline Curve and Its Impact on Royalties
The Marcellus Shale is the most productive natural gas formation in the United States, with wells stretching across Pennsylvania and West Virginia. For oil and gas royalty owners, understanding how Marcellus wells produce gas over time—and how production declines—is crucial. In this article, we’ll explain how the Marcellus decline curve works, focusing on hyperbolic decline,…
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A Deep Dive into Key WV Oil and Gas Law Cases and Their Impact on Royalty Owners
Over the past 25 years, WV oil and gas law has been shaped by key court rulings that have significantly affected how royalty payments are handled. Two landmark cases—Wellman v. Energy Resources and Estate of Tawney v. Columbia Natural Resources—set the foundation for protecting the rights of royalty owners by limiting deductions of post-production costs.…