Chambers College of Business and Economics
Bureau of Business & Economic Research
economic impact, natural gas, unitization, pooling
In this study, we examine the potential economic impact of instituting a unitization law in West Virginia. The economic impact of natural gas unitization will depend largely on the increase in drilling and production that will come as a result of resource unitization. We define two scenarios whereby drilling activity in West Virginia is assumed to increase by either 5 percent or 10 percent above current levels. We then estimate the additional economic activity from three major sources: well construction, spending due to ongoing production, and royalties paid to rights-holders within the state.
Digital Commons Citation
Bowen, Eric, "The Economic Impact of Natural Gas Unitization in West Virginia" (2021). Bureau of Business & Economic Research. 326.