Dominion Begins Talks to Farm Out 100,000 Acres in West Virginia
Platts.com reports that Dominion has begun talks regarding farming out 100,000 acres in West Virginia in the Marcellus Shale located near Dominion’s gas storage assets near the Ohio and Pennsylvania borders. Thomas Farrell, CEO of Dominion, indicated that this acreage has potential gas reserves of 1 trillion cubic feet and that Dominion retained the ownership of the gas rights in order to ensure that drilling in the area would not compromise its storage facilities.