Belmont County

Belmont County | Energy Companies | Exxon Mobil | Lease & Royalty Payments | Ohio

Belmont County, OH Landowners Sign Utica Shale Leases
September 19, 2011September 19, 2011

A number of landowners from Belmont County, Ohio made the trip to Wheeling, WV last week to sign leases to allow drilling in the Utica Shale on their property. The leases were signed with XTO Energy, now a subsidiary of Exxon Mobil. The price landowners got for Utica leases rivals the highest prices MDN has heard of for any Marcellus Shale lease, in no small part because of Chesapeake Energy’s recent discovery of natural gas liquids and even oil in the Utica Shale in Ohio.

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Belmont County | Lease & Royalty Payments | Monroe County | Ohio | Utica Shale

Landowners in Belmont & Monroe Counties (OH) Receive $60 Million in Lease Payments from Wishgard; Tri Star Inks 127 New Leases
August 3, 2011August 3, 2011

Ohio continues to be red hot with respect to leasing mineral rights for shale gas (and now oil) drilling. Some counties, like Belmont, can’t keep up with the lawyers and researchers who pour over property records at the County Recorder’s office:

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Belmont County | Jefferson County (OH) | Monroe County | Ohio | Statewide OH

Marcellus Shale Drilling Heats Up in Ohio – “Few Thousand Wells” to be Drilled in Next Several Years
March 30, 2011March 30, 2011

Drillers who have been active in both Pennsylvania and West Virginia are now turning their sites on Eastern Ohio where a slice of the Marcellus Shale formation sits.

"The economies around us are benefiting from drilling. You see it in Pennsylvania, it’s real; you see it in West Virginia, it’s real. Now it’s here, and we have to grasp the opportunity," said state Sen. Wilson, D-Columbiana. "I think this is the biggest opportunity for job growth for eastern Ohio we have seen in a generation."

"This is really an enormous opportunity for us," said Wilson, who represents Belmont, Jefferson, Harrison and Columbiana counties. "I know we could be looking at a few thousand wells being drilled over the next several years – that creates a lot of work and economic activity.*

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