$105M in Shale Money Headed to Ohio Wildlife Areas
The Ohio Department of Natural Resources (ODNR) will ask the state Controlling Board on Monday, August 17, for authority to spend $105 million of oil and gas lease money on Ohio’s wildlife areas — construction, renovation and grants, on a budget line that currently has zero dollars appropriated for the year. It’s the biggest single deployment of shale money since Ohio started leasing public land, and it’s a good moment to revisit what the opposition told Ohioans would happen instead. Read More “$105M in Shale Money Headed to Ohio Wildlife Areas”
Here we go again. The Bureau of Land Management (BLM) finally issued three permits to drill on Wayne National Forest (WNF) land in Monroe County, Ohio, back in May — the first new drilling permits in Ohio’s only national forest in years. Predictably, the same coalition of green groups that has kept a lid on WNF for the better part of two decades ran straight back to federal court to try to stop them. 
Last week, the Pennsylvania Marcellus lost one rig, now down to 16 active rigs after running 17 rigs for 12 weeks in a row. Bummer. Ohio lost a rig two weeks ago and didn’t pick it back up last week, remaining at 10 active rigs for the second week. And West Virginia picked up Ohio’s lost rig two weeks ago, boosting its number to 9 active rigs, maintaining that number last week. All told, the M-U operated 35 rigs last week, which is 21 fewer than our biggest rival (for money and attention), the Haynesville, which operated 56 rigs last week. 
Ascent Resources — one of the largest privately held oil and gas producers in the U.S. and the biggest gas driller in Ohio’s Utica Shale — issued its second quarter 2026 results on Wednesday. Ascent flowed 2,194 MMcfe/d (2.19 Bcfe/d) and booked a $303 million profit. But the real story for MDN readers isn’t the profit line. It’s what Ascent did with its checkbook: a leasing spree that nearly quadrupled land spending year over year, and a July deal that hands back a quarter-Bcf/d of long-haul pipeline space. 
Houston-based EOG Resources posted record second-quarter 2026 results on August 4th, and buried inside the good news for shareholders is an even better story for Ohio landowners and the Utica supply chain: the former Encino Energy assets EOG bought a year ago are now outperforming the company’s own pre-acquisition playbook. EOG’s CEO called the deal a “home run” on the August 5th earnings call, and the numbers back him up — well costs down 20% from where Encino left them, drilling and completion speeds up double digits, and activity levels more than tripled versus pre-acquisition rates. Company-wide, EOG posted $2.7 billion in adjusted net income ($5.07/share), $2.8 billion of free cash flow, and record oil volumes of 548.8 MBod. Full detail below, with the Utica numbers front and center. 
EOG Resources has settled — and apparently bought out — the Noble County, Ohio landowner who beat it at the Sixth Circuit Court of Appeals last year in a fight over whether a driller can use one owner’s surface to drill horizontally into the neighbors’ minerals. The case, EOG Resources, Inc. v. Lucky Land Management, LLC, produced a published appellate ruling that’s now a go-to precedent on surface rights for horizontal (lateral) drilling anywhere severed mineral estates exist — which describes most of the Marcellus/Utica. MDN first flagged this case a year ago when we caught the 6th Circuit’s reversal (see below) but couldn’t pin down the county or the full backstory (see 
Gulfport Energy dropped its second quarter 2026 numbers on Monday (Aug. 3), followed by an analyst call Tuesday morning — the first for new President and CEO Nick Dell’Osso, who took the chair May 28 after running Chesapeake/Expand Energy for five years. The profit line went the wrong direction. But strip away the accountants’ noise, and there’s a genuinely good story here for Ohio landowners, for the service companies that turn dirt, and for anyone holding the stock. 
On July 30, French environmental services giant Veolia announced it had been picked by “a major project developer” to operate and maintain a 350-megawatt (MW) microgrid that will power an artificial intelligence data center campus in Ohio. The press release carried a New Albany, Ohio dateline. It’s a genuinely big deal — a behind-the-meter power plant that will supply 100% of a data center campus without leaning on the grid at all. Here’s the dots nobody else has connected. This is the same Veolia that Antero Resources and Antero Midstream spent six years suing over a botched frack wastewater plant in West Virginia. And Veolia announced this shiny new Ohio contract exactly six days after wiring Antero a check for $371 million. You can’t make this stuff up. 
A Harrison County landowner and longtime pro-drilling voice is now accusing EOG Resources of “theft” — and while the word grabs headlines, the underlying dispute is a lot more nuanced than one company stealing one man’s mineral rights. A recent report from Your Ohio News lays out landowner Ron Ott’s grievances against EOG, but bundles together at least four separate issues into one story. We think MDN readers deserve the untangled version. 
The Marcellus/Utica region received 19 new drilling permits last week, July 20 – 26, down 7 from two weeks ago. Last week, Pennsylvania issued 10 new permits. Ohio issued 4 new permits. And West Virginia issued 5 new permits. The drillers who received new permits included: Ascent Resources (1), EOG Resources (1), EQT (7), Expand Energy (5), Infinity Natural Resources (2), Range Resources (2), and Snyder Brothers (1). 
We periodically go pipeline-notice hunting to see what’s throttling Marcellus/Utica molecules on any given day (see 
