Valuing Natural Gas Rights in Shale Formations: A Case Study

Business Valuation UpdateVol. 19 No. 2
February 2013
Joshua Lefcowitz, CPA/ABV/CFF, CVA, CFE, ASA


The appraisal of natural gas rights constitutes the valuation of an intangible asset that is a location-related, real property right. These intangible assets can be leasehold interests, possessory interests, exploration rights, use rights, development rig ...