BL14-0385

20.57 +/-Net Mineral Acres
Marshall County, WV
Meade District

20.57+/- net mineral acres out of 82.30+/- gross acres in Meade District, Marshall County, WV. This acreage is leased with Chevron at 18%, net. 3—4 of the 17 laterals from the Chevron— Williams Ohio Valley Midstream Sites cross this acreage. We are waiting to see if these sites will be part of the $19.8 billion capital and exploratory investment plan for 2017.

Chevron December Press Release: 'Our spending for 2017 targets shorter-cycle time, high-return investments and completing major projects under construction. In fact, over 70 percent of our planned upstream investment program is expected to generate production within two years,' Chevron Chairman and CEO John Watson said.


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Property Agent

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Phone Number:
724-933-1311
Email:
contact@cx-energy.com
  • Tagline: 20.57 +/-Net Mineral Acres
    Marshall County, WV
    Meade District  
  • Address: Marshall County, WV 
  • State: West Virginia 
  • County: Marshall County 
  • Township: Meade District 
  • Net Mineral Acres: 20.57 
  • Unitized: No 
  • Well/Unit Name: N/A 
  • Lessee Name: Chevron 
  • Lease Date: 9/23/2014 
  • Primary Term: 5 Years 
  • Extension Term: 3 Years 
  • Royalty Rate: 18% 
  • Royalty Type: Net