Coal Bed Methane/Escrow Recovery Attorney in Richlands, VA
Serving Gas Owners throughout Southwest Virginia
Our region has seen an explosion in the exploration and development of Coal Bed Methane (CBM). Property owners frequently find themselves in conflict with gas companies over basic issues like right of ways, pipeline locations, lease terms, and even who owns the CBM. The 1990 Gas Act created a complex framework for gas owners to navigate in establishing their ownership of the CBM and their right to recover past and future royalties. Presently, over $25 million dollars are being held in escrow for gas owners until they have their ownership established by agreement or court order.
The boom in CBM production can be a positive dynamic only if the rightful owners are permitted to profit. Between complex regulations and coal owners who frequently fight to the bitter end, many gas owners are left out in the cold, empty-handed and ignored. Most attorneys in the area who have a background in mineral law got it representing coal or gas companies.
For the past two years, Shea has been working with gas owners in establishing their ownership of CBM and working to release money they have may have escrowed with the Virginia Oil and Gas Board. Our services require no money to be paid upfront but are based on a percentage recovered. That percentage depends upon each case and considers the difficulty in proving ownership and the amount held in escrow.
Our coal bed methane and escrow recovery attorney in Richlands is proud to provide aggressive representation for gas and property owners against the coal and gas companies, whether it is property damage claims, lease negotiations, or right of way disputes. Our firm has useful experience in mine and mineral law to apply to your case.
Call (276) 240-3550 or contact us online to learn more and see how T Shea Cook PC can help protect your rights.