Oil Gas and Mineral Rights BFS14-0586

6+/- Net Mineral Acres
Wetzel County, WV
Magnolia District

6+/- net mineral acres out of 23.85+/- gross acres in Magnolia District, Wetzel County, West Virginia. This acreage is in the second term of a  15%, Stone Energy Corporation lease.

In February 2017, Stone Energy sold approximately 86,000 net acres in the Appalachian regions of Pennsylvania and West Virginia to EQT Production Company, for a purchase price of $527 million.

Forward to 2019, EQT Production Company has plans to drill 24 Marcellus wells in West Virginia.


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Property Agent

  • Bill Smith

Phone Number:
724-933-1311
Email:
wsmith@cx-energy.com
  • Tagline: 6+/- Net Mineral Acres
    Wetzel County, WV
    Magnolia District 
  • Address: West Virginia 
  • State: West Virginia 
  • County: Morgan County 
  • Township: Magnolia District 
  • Net Mineral Acres: 6+/- 
  • Unitized: N/A 
  • Well/Unit Name: N/A 
  • Lessee Name: Stone Energy Corp 
  • Lease Date: 2/17/2011 
  • Primary Term: 5 Years 
  • Extension Term: 5 Years 
  • Royalty Rate: 15% 
  • Royalty Type: Gross