Monroe County

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.

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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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