My wife and I are sitting on prime Marcellus /Utica dry/wet gas.. One of the top producing counties in the country. 3 of the wells in our county broke industry records.
Transmission lines are going in later this year and next so royalties will be 2-3 years away. One of my clients several counties North was getting $800-850 a month per acre last year and his gas is no where near as good as ours.
We have many acres (small farm) ..
Life is good.
A lot of people kissed off Appalachia for oiler and gasser pastures elsewhere years ago.
Three earnings. 1. Never discount oil/gas technology
2. Best place to find oil/gas is where it was found before.
3. Proximity to market adds real value, especially for gas