Doddridge WV school system leases land for drilling - WBOY - Clarksburg, Morgantown: News, Sports, Weather

Doddridge WV school system leases land for drilling

Posted: Updated:
  • EnergyEnergyMore>>

  • Many WV coal counties losing revenue

    Many WV coal counties losing revenue

    Monday, August 8 2016 10:15 AM EDT2016-08-08 14:15:05 GMT

    As Appalachian coal production continues its drastic decline, West Virginia’s coal-producing counties are  not only losing people as lifelong residents are forced to flee their homes in order to find work, but in many cases, they’re also relinquishing millions of dollars from their budgets.

    As Appalachian coal production continues its drastic decline, West Virginia’s coal-producing counties are  not only losing people as lifelong residents are forced to flee their homes in order to find work, but in many cases, they’re also relinquishing millions of dollars from their budgets.

WEST UNION, WV (AP) — The Doddridge County school system hopes to capitalize on a natural gas drilling boom.

Schools Superintendent Rick Coffman tells the Parkersburg News and Sentinel that the school board recently voted to lease 1.7 acres to Antero Resources. The property is on the site of the Board of Education offices and the former West Union grade school.

Coffman says the lease will provide a small amount of money to the school system. If the operation produces natural gas, the school system will receive a royalty.

He says the school system won't make a lot of money. But every bit helps.

 

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by Frankly