Going rate for gas leases in Marion County West Virginia

[Khibbs]

Anybody know latest lease rates in Marion County W.V.

[Nick_C]

Hi Khibbs,

I will need a little more information. The District would help.

Thanks

[Khibbs]

Mannington District Marion County W.V.

[Nick_C]

Leases going anywhere from $1000 to $3500 nma depending on the company. It’s probably either EQT or Northeast. If your part of a heirship interest, company’s May pay a $200 to $500 flat rate. Make sure you negotiate the lease or hire an attorney to negotiate. For example, higher royalty % cost free (Gross), warranty of title clause, Pugh clause, hold harmless, and Depth clause is just a few. If you have anymore questions, please reach out.

Have a great evening.