Digging Deeper Investigation | Underfoot, Out of Reach, Gilbert, Daniel , TriCities.com, Online, (2009)

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Daniel Gilbert. "Underfoot, Out of Reach: A series on the conflicts over Southwest Virginia's natural gas wealth." Virginia Tri-Cities.com. (online).

Beneath the surface of seven Southwest Virginia counties lie pools of natural gas worth more than a billion dollars a year. Some of this gas belongs to landowners forced by the state to lease their mineral rights to private energy corporations to develop. But instead of putting royalties into the pockets of mineral owners, the state funnels thousands of dollars every month into an escrow fund that royalty owners cannot monitor or access without clearing enormous legal hurdles.

While the system has vastly expanded production of natural gas in Virginia, it has devoted scant resources to ensuring that companies make the required payments into escrow, which in recent years has ballooned to more than $24 million. The result is that companies can produce gas for years without ever filing the necessary paperwork for royalties to be escrowed, and virtually no one notices that hundreds of individual accounts in escrow each month receive no deposits even though the corresponding gas wells are producing gas, a Bristol Herald Courier investigation finds.

To view the special program "The Paper that Made a Difference", produced by WJHL 11Connects, click here for part one, and here for part two of the program.

Articles in this series:

Part One: The Money Prison

Part Two: No right of refusal

Part Three: The Virginia Supreme Court Weighs In

Part Four: Coal Goes on the Offensive

Part Five: From Crisis to Sustained Loss

Part Six: What is Missing from Escrow?

Part Seven: An Audit Long Delayed

Part Eight: Sue, Split or Do Nothing

Dig Deeper:Resources and links for more information

Do I have money in escrow? How to use our database and determine if you may have money in escrow.

View the members of and contact information for the Virginia Gas and Oil Board

Graphics:

Hydraulic Fracturing
Bristol Herald Courier
How Forced Pooling works

Search our Database for information on escrow accounts, with balances each month, current to March 2010.

See: Tom Vanderbilt. "Paper Trail." Time. Feb. 14, 2011.

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