Marcellus Mineral Rights
Located in the Appalachian Basin, the Marcellus Shale is one of the biggest natural gas plays in the world. Production in this region is pulled from a fine-grained sedimentary rock dating back to the Devonian age. Roughly 25% of all Marcellus Shale rigs now operate within West Virginia. The Northwest corner of West Virginia proves to be the heart of natural gas production in the counties of Wetzel, Harrison, Doddridge, Ritchie, Lewis, Tyler, and Marion.
This play has come a long way since first being drilled for natural gas in 2007. Back then, the Marcellus Shale was pumping roughly 1 billion cubic feet of natural gas a day when compared to roughly 4.4 billion cubic feet a day in 2015.
Since discovering this natural gas monster in 2007, the United States natural gas production has exceeded 30 trillion cubic feet per year. Thus, making us the world’s leading natural gas producer.
Royalty Clearinghouse is seeking acquisition opportunities in this important play.