The Muskingum Watershed Conservancy District (MWCD) oversees the largest watershed area in Ohio, spanning some 8,000 square miles. After some initial delays a few years ago, MWCD decided they want in on the Utica drilling bonanza happening all around them. In 2011 they leased 2,800 acres of watershed land to Gulfport Energy for $15.6 million. In 2012, they leased 3,700 acres to Chesapeake for $21.5 million. In February of this year, they signed a contract with Antero Resources to lease 6,500 acres for $40.3 million plus 20% royalties (see Muskingum Watershed District Signs with Antero for $40.3M Bonus).
All that drilling will need water. MWCD will oblige…
