Monroe County

Blue Ridge Mtn Res/Magnum Hunter | Energy Companies | Monroe County | Noble County | Ohio | Triad Hunter | Utica Shale | Washington County (OH)

Magnum Hunter Ramps up in OH Utica Shale with 4 Test Wells
January 23, 2013January 23, 2013

The Marcellus Shale is the powerhouse workhorse, but the Utica Shale continues to be white hot for development. Magnum Hunter Resources and its subsidiary Triad Hunter announced yesterday the company will drill a minimum of four Utica “test wells” in 2013. Provided they find a good result, they plan “further development” of their 107,000 gross acres of Utica Shale leases later in 2013—which connotes they’ll drill those test wells early this year. In fact, Triad Hunter is already working on their first Utica well pad in Washington County, OH. A second well pad in Washington County is already in the planning stages, as is a well pad in Noble County.

Magnum Hunter’s press release outlining their plans for Ohio, including references to new OH Marcellus wells just completed and new pipelines on the way for some of their existing OH Marcellus wells:

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Blue Ridge Mtn Res/Magnum Hunter | Eclipse Resources | Energy Companies | Monroe County | Ohio | Triad Hunter

Two Fierce Competitors Join Forces to Drill in OH Utica Shale
January 3, 2013January 3, 2013

Drilling company Magnum Hunter Resources announced a joint operating deal yesterday with Eclipse Resources to drill 12 Marcellus and 12 Utica Shale wells on 1,950 acres in Monroe County, OH over the next three years. Both companies together will invest $200 million in the program.

The reason for the partnership between these fierce competitors? According to Magnum Hunter, it’s due to the “treacherous terrain in this region” of the state. They want to pool resources and keep costs down. Of course, it also helps that Eclipse will start using Magnum’s pipeline system (Eureka Hunter Pipeline), providing more revenue for the midstream area of the business.

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Antero Resources | Ashland County | Carroll County | Chesapeake Energy | Devon Energy | HG Energy | Medina County | Monroe County | Noble County | Ohio | Portage County | Stark County | Utica Shale

Flip Side: Some OH Utica Shale Wells Get Plugged/Abandoned
January 2, 2013January 2, 2013

When it comes to drilling in the Ohio Utica Shale, a lot of attention has been focused on the ramp up in activity—the growing number of drilling rigs, huge land lease deals, and eye-popping initial production results for some of the wells drilled. But there is another side to the story.

Every now and again, a well does not produce. Could be the driller did not properly find the shale layer (extremely rare). Could be they did find it but for whatever reason the layer doesn’t produce in that area. More likely there were problems during the drilling that caused the work to be stopped—like a broken-off drill bit. In Ohio, there have been nine Utica Shale wells that have been plugged and abandoned (so far). Here’s where they are located and who did the drilling:

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Antero Resources | Carroll County | Chesapeake Energy | Columbiana County | Eclipse Resources | Energy Companies | Guernsey County | Monroe County | Ohio | PDC Energy | Utica Shale

11 New Utica Shale Drilling Permits in OH, as of Dec 12
December 28, 2012December 28, 2012

The latest round of permits to drill new Utica Shale wells from the Ohio Dept. of Natural Resources (ODNR) includes 11 new permits, 8 of which went to Chesapeake Energy.

Here’s the latest Ohio Utica permit report (with grand totals by county) as of Dec. 12:

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Economic Impact | Hydraulic Fracturing | Industrywide Issues | Monroe County | Ohio

Utica Drilling Resurrects Railroad in Monroe County, OH
December 24, 2012December 24, 2012

Yes, MDN is a sucker for a good railroad story—always has been. And here’s another one…

A 12-mile short line railroad in Monroe County, Ohio will soon roar back to life after being closed for 10 years—thanks to Utica and Marcellus Shale drilling:

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Energy Companies | Equinor/Statoil | Harrison County | Lease & Royalty Payments | Monroe County | Ohio | Tyler County | West Virginia | Wetzel County

Statoil Pays $590M for 70K “Wet Gas” Marcellus Acres
December 19, 2012December 19, 2012

In August, MDN told you that Statoil (a Norwegian company) was in the hunt for more U.S. shale acreage (see this MDN story). Statoil previously purchased a 32.5% interest in Chesapeake Energy’s Marcellus Shale acreage in 2008, securing 600,000 net acres for the company (but not as the “operator” for that acreage). They’ve been in the hunt for more, specifically to become an operator, and today they announced they’ve done a deal for an additional 70,000 Marcellus Shale acres—in the wet gas area of the play.

Statoil officially closed on the deal yesterday with Grenadier Energy Partners LLC, Protege Energy II LLC and PetroEdge Resources II LLC, paying $590 million for 70,000 acres in both West Virginia and eastern Ohio. The purchase price works out to be $8,429 per acre.

Here’s the Statoil press release announcing the deal, along with a slide presentation and map of the newly acquired acreage:

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Carroll County | Harrison County | Holmes County | Monroe County | Noble County | Ohio | Trumbull County

10 New Utica Shale Permits Issued Last Week in Ohio
November 8, 2012November 7, 2012

Ten new Utica Shale wells were approved by the Ohio Dept. of Natural Resources (ODNR) for the week covering Oct. 28 through Nov. 3. Here’s a breakdown on where the permits were issued:

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CNX Resources | CONSOL Energy | Energy Companies | Gulfport Energy | Harrison County | Mahoning County | Monroe County | Mountaineer Keystone | Ohio | Portage County

ODNR Issues New Permits in Mahoning, Other OH Counties
September 26, 2012September 26, 2012

The latest permits issued in Mahoning, Harrison, Portage and Monroe counties in Ohio:

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Energy Services | Industrywide Issues | MarkWest Energy | Monroe County | Noble County | Ohio | Processing Plants

Change in Location for MarkWest Processing Plant in Ohio
March 28, 2012March 28, 2012

A new natural gas processing plant to be built by MarkWest Energy was supposed to be built in Monroe County, Ohio, but the geography has now shifted west and the plant will be built in neighboring Noble County, Ohio instead.

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Antero Resources | Belmont County | Energy Companies | Landowner Coalition News | Lease & Royalty Payments | Monroe County | Noble County | Ohio

Antero Pays Record Rates in Eastern Ohio Utica Lease Deal
February 13, 2012February 13, 2012

The Utica Landowner Group of eastern Ohio has just cut a deal with Antero Resources for what is believed to be the highest amount paid yet for a lease deal: $5,900 per acre for a signing bonus, and 21 percent royalties. The deal covers land in Belmont, Monroe and Noble counties in Ohio.

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Economic Impact | Energy Services | Harrison County | Industrywide Issues | MarkWest Energy | Monroe County | Ohio | Processing Plants

More on MarkWest’s New Investment in Ohio’s Utica Shale
February 3, 2012February 3, 2012

Yesterday, Ohio Gov. John Kasich and others provided more details about MarkWest’s Tuesday announcement that they will build two new natural gas liquids (NGL) processing plants and a new fractionation plant in Ohio’s Utica Shale (see MDN’s story on the original announcement here).

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CONSOL Energy | Energy Companies | Energy Services | Harrison County | Industrywide Issues | MarkWest Energy | Marshall County | Monroe County | Noble Energy | Ohio | Pennsylvania | Processing Plants | Range Resources Corp | Utica Shale | Washington County | West Virginia

MarkWest to Expand/Build NGL Plants on New Agreements
February 1, 2012February 1, 2012

MarkWest Energy Partners, a major midstream player in the Marcellus and Utica Shales, just announced major expansion plans that will add an additional 600 million cubic feet per day (mmcf/d) of natural gas processing capacity which includes natural gas liquids (NGLs). Most of the new capacity will come from expansion of its Majorsville, WV plant. The expansion is made possible by new long-term agreements MarkWest signed with CONSOL Energy, Noble Energy and Range Resources to process NGLs.

MarkWest also announced they will build two new processing plants in Ohio’s Utica Shale—in Harrison and Monroe counties.

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Energy Companies | Exxon Mobil | Lease & Royalty Payments | Monroe County | Ohio | XTO

Correction: Exxon Buys 25K Acres of Utica Shale Leases in OH
January 11, 2012January 11, 2012

Two days ago MDN reported, based on copies of paperwork filed with Monroe County, Ohio, that Exxon Mobil via its subsidiary XTO Energy had acquired 13,200 acres of Utica Shale gas leases from Beck Energy (see this MDN story). It turns out there’s more to the story.

MDN received a copy of an additional purchase agreement between Beck and Exxon for another 7,627 acres, for a total deal between the two companies of 20,827 acres of leases in Monroe County. The new/second agreement appears to be property held by Beck with delayed rental payments—that is, property where there is currently no active drilling.

Read More “Correction: Exxon Buys 25K Acres of Utica Shale Leases in OH”
Energy Companies | Exxon Mobil | Lease & Royalty Payments | Monroe County | Ohio | Utica Shale | XTO

Exxon Buys 13,200 Acres of Utica Shale Leases in Ohio
January 9, 2012January 9, 2012

Exxon Mobil, through it’s subsidiary XTO Energy, recently acquired just over 13,200 acres of Utica Shale leases from Beck Energy Corp. in Monroe County, Ohio. A copy of the Bill of Sale, dated Dec. 20, 2011, is embedded below, containing a list of all the parcels in the transaction. Terms of the purchase are not disclosed in the document. Neither Exxon Mobil nor Beck Energy have disclosed the price and terms of the deal.

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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:

Read More “Landowners in Belmont & Monroe Counties (OH) Receive $60 Million in Lease Payments from Wishgard; Tri Star Inks 127 New Leases”
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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