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gas and oil drilling: Wish I had some land in the Ohio Valley right now... - 11/15/11 03:28 PM
That's the topic of many conversations throughout Belmont county  "Wishing for land". We've struck oil in the Ohio valley. Appalachia is prime real estate for Marcellus Utica. The value of land has gone up for many landowners. Gas and oil leases have been signed for over $5000 an acre with an additional 20% in royalties and those numbers continue to grow. With a mere 20 acres, your family could receive a sign-up bonus check with six figures. That's only the beginning, if oil is drilled the royalties will change lives. We've heard of wells producing royalties of thousands of dollars every month. Many, many thousands … (1 comments)

 
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Melissa Sall ~ Belmont County ~ Ohio ~ Realtor

Barnesville, OH

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Sulek & Dutton Real Estate

Address: 50966 National Rd. , Plaza East, St.Clairsville, OH, 43950

Office Phone: (740) 699-0909

Cell Phone: (740) 338-9303

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