Carroll County 13 - Marcellus Drilling News

Companies Offer to Buy Royalty Rights from Ohio Landowners

October 24, 2011October 24, 2011

Carroll County, Ohio is in the midst of a shale gas whirlwind. Signing bonus offers are being made to landowners in the $3,000-$5,000 range. But that’s not all. For landowners who previously signed, several years ago, some companies are offering to purchase royalty rights from landowners, even for wells that are not drilled and may never be drilled. Here’s the story from one such landowner:

Ohio Utica Shale Permits Double in Last 3 Months

October 13, 2011October 13, 2011

Interest in Ohio’s Utica Shale gas is booming as evidenced by the ramp up in the number of drilling permits issued. More than half of all permits issued have come in the last three months.

Chesapeake Energy Slated to Start Drilling in the Utica Shale in Columbiana County, OH this Fall

August 1, 2011August 1, 2011

Last week, Chesapeake Energy announced (via it’s quarterly earnings statement) a major revelation—that it has struck oil as well as natural gas liquids and natural gas, in the Utica Shale of eastern Ohio. Columbiana County, OH is in the hot zone and stands to reap millions in revenue.

In the run-up to the announcement, Chesapeake has been busy signing deals with landowners in Columbiana County, including leases with local municipalities and school districts:

Carroll County | Columbiana County | Lease & Royalty Payments | Ohio

Carroll County, OH Landowners Offered $3200 Per Acre for Shale Gas Leases

May 25, 2011May 25, 2011

A Rotary meeting in East Liverpool, Ohio discussed shale gas drilling in Columbiana and Carroll Counties for both the Marcellus and Utica shales. Among the things learned at the meeting: