Blountville
57° F
Clear
Clear
Greeneville
57° F
Clear
Clear
Abingdon
58° F
Clear
Clear
Advertisement

Small victory for VA landowners over natural gas royalties

By Preston Ayres, payres@wcyb.com
Published On: Dec 24 2013 08:24:11 AM CST
Updated On: Oct 02 2013 09:31:39 AM CDT

A group of southwest Virginia landowners picked up a small win in federal court in a long-running case that's made its way to the Virginia governor's race.

ABINGDON, Va. -

A group of southwest Virginia landowners picked up a small win in federal court in a long-running case that's made its way to the Virginia governor's race.

We have the latest on the court proceedings. Five individual lawsuits over natural gas royalties in southwest Virginia are now one class action case.

Monday's ruling by U.S. District Judge James Jones is a small win for the landowners.
They are accusing two energy companies of cheating them out of natural gas royalty payments.

According to court documents, the owners claim EQT Production Company and CNS Gas Company based their royalty payments on below market gas prices and deducted for operation expenses that violated the lease agreement.

The cases involve more than $30-million in disputed natural gas royalties from across southwest Virginia.The money is currently being held in an escrow account.

You may recall this issue has been a hot topic in the Virginia governor's race.
It's fueled quite a bit of debate between the two candidates along the campaign trail.