Guernsey County

American Energy Partners | American Energy Utica | Energy Companies | Guernsey County | Ohio | SWEPI

Exclusive: McClendon Buys 24K Acres of SWEPI Leases in OH Utica
October 25, 2013

It seems that Aubrey McClendon is already putting some of that $1.7 billion he recently raised to good use (see McClendon Gets a Little Help ($1.7B) from His Friends in OH Utica). Thanks to an alert commenter on the GoMarcellusShale.com website, we now know where some of that $1.7B went.

In paperwork filed with the Guernsey County, OH Recorder’s office dated October 10, 2013, SWEPI (i.e. Shell) assigned what appears to be most or all of their leased Utica Shale acreage in Guernsey County over to McClendon’s America Energy – Utica company. The transfer (full copy embedded below listing ALL of the leases and landowners by name), includes 24,650 gross/24,016 net acres…
Read More “Exclusive: McClendon Buys 24K Acres of SWEPI Leases in OH Utica”
Antero Resources | Energy Companies | Guernsey County | Hydraulic Fracturing | Industrywide Issues | Noble County | Ohio | Utica Shale

Muskingum Watershed District Approves 3rd Water Sale for Fracking
October 23, 2013October 23, 2013

As they have done in the past, the Muskingum Watershed Conservancy District in Ohio has approved more water sales for using fracking. This batch comes from Seneca Lake in southeast OH. The Utica Shale driller buying the water is Antero Resources…
Read More “Muskingum Watershed District Approves 3rd Water Sale for Fracking”
American Energy Utica | Energy Companies | Guernsey County | Harrison County | Ohio | Tuscarawas County | Utica Shale

McClendon’s Utica Company Does JV with OH Driller, Drilling Soon
October 2, 2013October 2, 2013

Yesterday MDN brought you the news that former Chesapeake Energy CEO Aubrey McClendon had started a second company specifically created to target the Utica Shale (see Aubrey McClendon Forms Utica Company, Gets Major Investor). In true Aubrey “wheeling and dealing” fashion, his new company, called American Energy Utica, is already forming joint ventures with other companies in the Utica Shale. One of those companies is Red Hill Development, an independent oil & gas driller located in Dover (Tuscawaras County), OH.

Red Hill Development is tickled pink to be working with McClendon and says the partnership will be an ongoing venture “for many years to come.” According to Red Hill, the new joint venture is already applying for permits and will begin drilling by the end of this year. The focus of their drilling efforts? Guernsey and Harrison counties…
Read More “McClendon’s Utica Company Does JV with OH Driller, Drilling Soon”
Energy Companies | EnerVest | EV Energy Partners | Guernsey County | Harrison County | Lease & Royalty Payments | Noble County | Ohio | Utica Shale

EVEP/EnerVest Cuts Deal to Sell 22.5K OH Utica Acres for $284M
August 9, 2013August 9, 2013

In September last year, EV Energy Partners/EnerVest put more than a half million acres of Ohio Utica Shale acreage on the market. Near the end of last year, a deal for 104,000 of those acres seemed to be almost done, but in April of this year, the deal fell apart (see EV Energy Partners Deal to Sell 104K Utica Acres Dead, What Now?). EVEP then changed gears and said instead of putting big blocks up for sale, they’ll look at selling off smaller chunks (see EV Energy: Changing from Big Deals to Small for Utica Land Sale). Looks like the change in strategy worked.

Today, EVEP announced they’ve made a new deal to sell 22,535 acres in Guernsey, Harrison and Noble counties in Ohio for $284.3 million to an unnamed buyer. According to EVEP, the deal works out to be a very high $12,900 per acre. We ran the math and came up with $12,616 per acre. Either way, EVEP is getting a LOT of money for unloading Utica Shale acreage they don’t want. This deal is scheduled to close in the third quarter–the next few months. Let’s see if this one actually happens.

The announcement from EVEP/EnerVest (with a map of the acreage sold):
Read More “EVEP/EnerVest Cuts Deal to Sell 22.5K OH Utica Acres for $284M”
Antero Resources | Energy Companies | Guernsey County | Noble County | Ohio | Utica Shale

MWCD to Sell 138M Gallons of Seneca Lake Water for Utica Drilling
July 22, 2013July 22, 2013

Last February, the Muskingum Watershed Conservancy District (MWCD) signed a lease with Antero Resources to lease 6,700 acres under and around Seneca Lake. The MWCD got a $40.3 million signing bonus, plus 20% royalties (see Muskingum Watershed District Signs with Antero for $40.3M Bonus). Last week, the MWCD voted to sell up to 138 million gallons of water from Seneca Lake to Antero so they can use it in their drilling and fracking operations, making another potential $828,000.

We’ll lease you the land and sell you the water to drill it too. Cool…
Read More “MWCD to Sell 138M Gallons of Seneca Lake Water for Utica Drilling”
Belmont County | Energy Companies | Guernsey County | Harrison County | Hess | Jefferson County (OH) | Ohio | Statewide OH | Utica Shale

Hess: Frackin’ and Flarin’ in Eastern Ohio
June 27, 2013June 27, 2013

It looks like Hess has come alive in Ohio’s Utica Shale. According to the Marcellus and Utica Shale Databook – Volume 1, Hess received 2 permits to drill in Belmont County for the period January – April, 2013. They also received 5 permits to drill in Guernsey County, and 8 permits to drill 3 wells in Harrison County for the same period. Hess recently completed drilling one of the Belmont wells and that well is now being flared.

From this news account, we get more insight into Hess’ recent Utica Shale drilling activities and production:
Read More “Hess: Frackin’ and Flarin’ in Eastern Ohio”
Belmont County | CONSOL Energy | Energy Companies | Guernsey County | Harrison County | Jefferson County (OH) | Noble County | Ohio | Utica Shale

CONSOL’s View of Best Counties to Drill in Ohio Utica Shale
June 17, 2013June 17, 2013

Last Friday at a Columbiana (OH) Area Chamber of Commerce event, Harry Schurr, general manager of Utica Shale operations for CONSOL Energy, spilled the beans on which Ohio counties he believes will see drilling for oil and gas in the near- and medium-term. He outlines where oil drilling is not going to take off (not enough pressure to pump it out), and where gas drilling will not take off until gas prices go higher. But like the story of Goldilocks, there are a few Ohio counties where the conditions (i.e. large volumes of condensate) are “just right” for drillers…
Read More “CONSOL’s View of Best Counties to Drill in Ohio Utica Shale”
Boardwalk Pipeline Partners | Energy Services | Guernsey County | Industrywide Issues | NGLs | Ohio | Pipelines | Williams

Bluegrass NGL Pipeline Going Through Guernsey County, OH?
May 20, 2013May 20, 2013

In March, Williams and Boardwalk Pipeline Partners announced a joint venture to re-purpose existing pipelines and build new sections of pipeline to carry natural gas liquids from the Marcellus/Utica region to the Gulf Coast for processing (see Williams, Boardwalk Announce Marcellus-to-Gulf Coast NGL Pipeline). The exact route of the new Bluegrass Pipeline, as they call it, has not been disclosed. However, we have an idea of where some of it will be built as it crosses Ohio…
Read More “Bluegrass NGL Pipeline Going Through Guernsey County, OH?”
Energy Companies | Guernsey County | Noble County | Ohio | Rex Energy | Statewide OH

Rex Energy OH Utica Wells go Toe-to-Toe with Gulfport Wells
March 20, 2013March 20, 2013

So far, we’ve had precious little in the way of well production numbers from the Ohio Utica Shale. The numbers we have had are encouraging. On Monday, Rex Energy released well production numbers for their “Warrior South Prospect” wells in the Ohio Utica, and the numbers look very good indeed. From two wells in Guernsey County and one in Noble County, Rex is reporting an average daily production of around 8 million cubic feet of natural gas, 500 barrels of condensate (natural gasoline), and 1,200 barrels of natural gas liquids (mostly ethane), per day for each well.

Below are the details from Rex, along with an embedded copy of their company presentation just updated (March 2013) which shows many more details, including maps and a very interesting table (on page 18) that compares Rex’s three Ohio wells with other drillers’ wells, including Ohio’s largest producing wells drilled by Gulfport. When converted to BTUs produced—which takes into account not only methane, but also gas liquids, condensate and oil—the Rex wells are among the best producing wells in the state…

Read More “Rex Energy OH Utica Wells go Toe-to-Toe with Gulfport Wells”
Energy Companies | Energy Services | Guernsey County | Harrison County | Industrywide Issues | MarkWest Energy | Noble County | Ohio | PDC Energy | Pipelines | Processing Plants | Utica Shale

MarkWest Signs Deal with PDC Energy for OH Utica Shale, Etcetera
March 19, 2013March 19, 2013

Yesterday, PDC Energy announced they would nearly double their drilling budget for the Ohio Utica Shale this year (see PDC Nearly Doubles Utica Shale Drilling Budget for 2013). PDC’s announcement mentioned they will do a deal with MarkWest for pipelines and processing. Last night, MarkWest issued their announcement to say they’ve officially signed a deal with PDC to provide “gathering, processing, fractionation, and marketing services in the Utica Shale.” In their announcement, MarkWest took the opportunity to remind everyone this is the fourth Utica Shale driller they’ve signed up in the past nine months—the other three are Gulfport, Antero and Rex Energy—and to chronicle the work they’re doing at their Cadiz and Seneca processing facilities in the Utica Shale.

Read More “MarkWest Signs Deal with PDC Energy for OH Utica Shale, Etcetera”
Carroll County | Columbiana County | Guernsey County | Harrison County | Monroe County | Ohio | Utica Shale

Another 20 Utica Shale Permits Issued Last Week in OH
March 6, 2013March 6, 2013

The latest permit numbers released from the Ohio Dept. of Natural Resources shows 20 new permits for the week ending March 2nd.

Here’s where the latest round of permits were issued, along with an update on how many wells have been drilled and are now in production in Ohio:

Read More “Another 20 Utica Shale Permits Issued Last Week in OH”
Antero Resources | Energy Companies | Guernsey County | Hydraulic Fracturing | Industrywide Issues | Lease & Royalty Payments | Noble County | Ohio

Muskingum Watershed District Signs with Antero for $40.3M Bonus
February 18, 2013February 18, 2013

Nearly a month ago MDN told you the directors of the Ohio Muskingum Watershed Conservancy District (MWCD) would consider a deal with Antero Resources to allow drilling and fracking on 6,700 acres under and around the Seneca Lake area (see OH Muskingum Watershed District to Sign Drilling Lease in Feb.). At the time, details of the deal were still not disclosed, but we theorized based on past deals the MWCD would probably make around $40 million in new lease payments.

The directors at the Watershed District voted to pass the deal last Friday. The amount they’ll get for a signing bonus? $40.3 million—or $6,200 per acre for leasing 6,500 acres (acreage number was adjusted down a bit). Plus 20% royalties.

Read More “Muskingum Watershed District Signs with Antero for $40.3M Bonus”
Economic Impact | Guernsey County | Hydraulic Fracturing | Industrywide Issues | Jobs | Ohio | Taxation | Utica Shale

Guernsey County Shale: Businesses Expand, Millionaires Created
February 18, 2013February 18, 2013

More tales of companies starting, companies expanding, and new millionaires being created at a rapid rate—all because of Utica Shale drilling. This time it’s happening in Guernsey County, Ohio…

Read More “Guernsey County Shale: Businesses Expand, Millionaires Created”
Anadarko | Athens County | Encore Energy | Energy Companies | Guernsey County | Lease & Royalty Payments | Meigs County | Monroe County | Morgan County | Noble County | Ohio | Utica Shale | Washington County (OH)

Encore Energy to Anadarko: We’ve Got OH Land for You
February 14, 2013February 14, 2013

A for-profit company that pools acreage from both landowners that want to lease their land, and from energy companies with leases who want to re-sell those leases, is trying to get the attention of Anadarko and other drillers in the Ohio Utica Shale. Encore Energy issued a press release yesterday announcing they have land available for lease. They specifically tap Anadarko on the shoulder to tell them they have 1,300 Utica Shale acres “just 3 miles” from land they’re already drilling on in Washington County, OH.

Encore is shopping more than 18,000 acres across a number of Ohio counties, including Morgan, Washington, Noble, Guernsey, Monroe, Athens and Meigs. Here’s their “hey Anadarko, pay attention” press release:

Read More “Encore Energy to Anadarko: We’ve Got OH Land for You”
Antero Resources | Energy Companies | Guernsey County | Hydraulic Fracturing | Industrywide Issues | Lease & Royalty Payments | Noble County | Ohio

OH Muskingum Watershed District to Sign Drilling Lease in Feb.
January 21, 2013January 21, 2013

Last November, MDN told you that the Ohio Muskingum Watershed Conservancy District (MWCD), the largest watershed district in the state covering about 20% of Ohio’s landmass, had entered negotiations with Antero Resources to allow drilling and fracking under MWCD land around Seneca Lake (see OH Muskingum Watershed District Seeks Lease with Antero). Everything but the final price is now done, and the proposed lease (copy embedded below) will be voted on at the next board meeting of the MWCD on Feb. 15.

The lease, as written, will allow drilling under but not on 6,700 acres of property in Guernsey and Noble counties. Antero will have to drill from adjacent properties to reach the land—no disturbance of the surface will be permitted. How much will the MWCD get for a signing bonus and royalties?

Read More “OH Muskingum Watershed District to Sign Drilling Lease in Feb.”
Carrizo Oil & Gas | Energy Companies | Guernsey County | Noble County | Ohio | Tuscarawas County | Utica Shale

Carrizo’s 2013 Plans: Drill in Marcellus, Buy Acreage in Utica
January 15, 2013January 15, 2013

Carrizo Oil & Gas announced their 2013 spending plans today. Drilling activities will see a $500 million investment by Carrizo, with $70 million of that allocated to drilling in the Marcellus Shale. Also, Carrizo announced that yesterday they closed on an option to pick up more acreage from Avista Capital in the Ohio Utica Shale for $63 million.

The Utica deal means Carrizo now owns 14,000 net acres located in Guernsey, Noble and Tuscarawas counties in Ohio—although they’ve not allocated money to drill in the Utica for 2013.

Read More “Carrizo’s 2013 Plans: Drill in Marcellus, Buy Acreage in Utica”