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Southeast Ohio Wells Most Productive

ST. CLAIRSVILLE – In Belmont County, there are natural gas wells nicknamed “Big Foot” and “Blue Thunder,” along with a “monster” lurking deep within the area known as Egypt Valley. Given those monikers, it comes as no surprise that Belmont County, along with Monroe and Harrison, top the state of Ohio in terms of natural [...]

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Belmont County Up to 50 Utica Shale Permits

ST. CLAIRSVILLE – Still in the early stages of the Utica Shale rush, Gulfport Energy, Hess Corp., XTO Energy and Rice Energy combined to record 50 natural gas drilling permits for property in Belmont County from the Ohio Department of Natural Resources. Though Chesapeake Energy’s strong presence helps Carroll County lead the way in Utica [...]

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Antero Resources to add 5th Drilling Rig in Utica Shale

By Bob Downing Beacon Journal staff writer Published: November 7, 2013 – 07:59 PM   Colorado-based Antero Resources Corp. is adding a fifth drilling rig in the Utica shale in southeast Ohio. That rig is slated to continue drilling in Ohio through 2014, the company said. The company has drilled 12 wells, including some of [...]

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Drillers in Ohio Increasingly Shifting to Southern Counties

Of Ohio’s 2013 Utica shale permits, more than 50 percent have been issued to energy companies interested in those counties, and that region is not Chesapeake’s stronghold, according to a Beacon Journal review of state data. Harrison County leads the way with 124 permits since 2010, followed by Noble County with 62, according to information [...]

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Muskingum Watershed Condervancy District to Consider More ‘Frack’ Water Sales

It takes on average 4.4 million gallons of water to hydraulically fracture a well. That is a considerable amount of water. In order to secure bulk amounts of water energy companies often resort to negotiating deals with state agencies to secure the water they’ll need. Click HERE to read about one deal between the Muskingum [...]

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In Ohio, the Fog Begins to Lift Over the Utica Shale

NEW YORK, March 25 (Reuters) – Shares of Gulfport Energy were in free fall last spring, dropping 55 percent in four months, until the oil and gas producer announced it had drilled its first three wells in the Utica shale formation in Ohio. The Oklahoma-based company’s value has since more than doubled, bolstered by a [...]

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Antero Looking to Drill on Barnesville Acreage

BARNESVILLE – Many individual mineral owners are joining the village’s drilling agreement with Denver-based Antero Resources at a rate of $5,700 per acre and 20 percent of production royalties. This 20% of production royalties is the highest offer we here at POWER have seen thus far in the Buckeye State. It makes sense for energy [...]

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