WV “Landowner” Wins $4.8M in Lawsuit for Failure to Drill
By Andy Leahy
On March 3, a federal judge awarded a Tyler County, WV mineral owner $4.8 million in present and future royalties (plus interest) as damages in a dispute involving the operator’s failure to follow through on some unusually generous lease terms. The operator, Cunningham Energy LLC of Charleston, WV, had promised to horizontally drill eight wells to and through the Marcellus Shale formation within three years, but was unable to do so–largely because the leaseholds were far too small to develop as stand-alone units, and the surrounding lands turned out to be already under lease to other drillers…
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Have you ever played Jenga? You know, the game where you stack blocks of wood in mini-skyscraper style and then each player must remove a block from a lower level and stack it on the top until somebody pulls a block out and the whole thing comes crashing down. That’s the comparison used to describe the state budget recently proposed by PA Gov. Tom Wolf in none other than the reliably liberal, Democrat-supporting, anti-drilling Allentown Morning Call. As the Morning Call points out, Wolf has built his Jenga (house of cards) budget on soaking drillers with a new severance tax. When that doesn’t happen, the whole budget comes tumbling down and no one will be to blame except Tom Wolf himself…
Tioga County, PA is getting a reputation. No, not THAT kind of reputation silly! Tioga County, PA is getting a reputation for impressive Utica Shale wells. Last September MDN told you that Shell had drilled a pair of Utica wells in Tioga County (see
Three weeks ago MDN reported a Buffalo, NY-based company had successfully gotten all necessary permits to move forward with building a $615 million, 549 megawatt electrical generating plant near Moundsville, WV that will be powered by Marcellus Shale gas (see