The Virginia Gas and Oil Act gave the Virginia Gas and Oil Board (VGOB ) the authority to establish an escrow account into which proceeds from gas production are to be paid for properties where the gas ownership is unknown or disputed.

The Escrow Agent provides VGOB a monthly accounting of the activity in the escrow account. The escrow account contains subaccounts for each drilling unit, These subaccounts are listed in the monthly Escrow Agent Summaries provided below by the unit name and by the docket number.

You can use the Escrow Agent Summaries to see the value of the escrow account for individual units, but if you are interested in the value for a specific tract of land you can get an estimate from the Escrow Estimator.

NOTE You will need to know the unit name or docket number as well as the number of acres of the tract contained within the unit. If you do not know if a certain tract has an escrow account established, you can use the map on the Escrow Estimator to find the tract location and see if it is in a unit that has an established escrow account.

Escrow Agent Summaries

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January 2021 Escrow Agent Summary No W-9 Form*
February 2021 Escrow Agent Summary No W-9 Form*
March 2021 Escrow Agent Summary No W-9 Form*
April 2021 Escrow Agent Summary No W-9 Form*
May 2021 Escrow Agent Summary No W-9 Form*
June 2021 Escrow Agent Summary No W-9 Form*
July 2021 Escrow Agent Summary No W-9 Form*
August 2021 Escrow Agent Summary No W-9 Form*
September 2021 Escrow Agent Summary No W-9 Form*
October 2021 Escrow Agent Summary No W-9 Form*

*As documented by testimony from the First Bank & Trust Company (the current Virginia Gas and Oil Board approved Escrow Agent) at the April 17, 2015, Virginia Gas and Oil Board Hearing -- all recipients of disbursement checks must have an IRS W-9 Form on file at the bank prior to the disbursement payment. Generally, the operating companies will provide W-9 Forms to all disbursement payees. Disbursement payees should sign the W-9 Form and return it to the operating company preparing the disbursement petition.

If addition copies are needed, the W-9 Tax Form may be downloaded directly from the IRS website at the link below:

  1. Visit the IRS web site here : IRS website / Form W-9
  2. Download and fill out the "current" W-9 Form,
  3. Send the completed W-9 Form to the operating company preparing the disbursement petition,
  4. Once received, the operating company will forward the completed W-9 Form to the bank.

Note that the operating companies are instructed to not include individuals on the disbursement petition that do not have a completed W-9 Form on file.