Division of Gas and Oil Board's Estimator for Escrow Accounts
The Virginia Gas and Oil Board Escrow Accounts are updated monthly and represent
the latest ending market value for each gas unit. The individual value calculator
is intended to provide an estimate for gas owners to determine their potential
value in escrow as of the last accounting period. The estimated value may be less
than or greater than the actual amount disbursed because of account activities.
From recorded Board Orders, the individual gas owner can compare total acreage in
escrow and their individual gas acreage owned within the gas unit (from Exhibit E).
NOTE: This is only an estimate and does not reflect an official disbursement
calculation that will be provided at the time of Board approved disbursement(s)
from escrow. Payments made into escrow and disbursements from escrow are based on
individual gas ownership acreage for each unit.