Anadarko Offers $3K/Acre + 17.5% Royalties for Utica Lease

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Coshocton County in eastern Ohio requested Utica Shale lease offers for 436 acres of county-owned land no longer being used for any other purpose. There was only one offer put on the table, by Anadarko. Under the five-year lease offer, the county would receive a $1.3 million signing bonus ($3,000 per acre) and 17.5 percent in royalties.


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willisja on February 7, 2012 | Filed Under Anadarko, Coshocton County, Energy Companies, Lease & Royalty Payments, Ohio, Utica Shale


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