It's not often we get insight into the latest lease offers floating around. Leasing activity is definitely picking up in the Ohio Utica. We came across what has to be one of (if not THE) highest per-acre bonus offers we've seen in Ohio. The Village of Barnesville, in Belmont County, sought lease offers for 177
In February, MDN brought readers the news that Tenaska, one of the largest privately operated companies in the U.S., is building a carbon capture and sequestration (CCS) hub spanning tens of thousands of acres in Pennsylvania, Ohio, and West Virginia (see Landmen Knocking Doors in PA, OH, WV to Sign for CCS, Pore Rights). Landmen
In the early days of the Marcellus/Utica, landowners often formed groups to negotiate lease terms on behalf of all members. It's a smart move as it tends to deliver better lease terms - more money for a signing bonus, better royalty rates, and better language in the contract. In fact, MDN got its start when
Yesterday, the Ohio Oil & Gas Land Management Commission (OGLMC) met to award contracts to drill under (not on) several Ohio state parks, including the 20,000-acre Salt Fork State Park in Guernsey County. Anti-fossil fuel nutters didn't disappoint. They showed up and dressed up in burlap bags and silly hats, standing along a wall to
Earlier this week, MDN reported on a bill making its way through West Virginia's legislative sausage-making process (see WV Bill Triples Conventional Well Royalty Payments if Made Late). WV House Bill (HB) 4292 attempts to close a loophole affecting landowners and mineral rights owners with a conventional oil or gas well, some of whom suffer