Belmont County still Utica hot spot
Monday, March 12, 2018
Belmont County, located in the southern tier of Ohio’s Utica shale, continues to attract energy companies as the region’s oil and natural gas hot spot, according to The Youngstown Business Journal.
During the week of Feb. 24, 2018, the Ohio Department of Natural Resources issued nine drilling permits to three companies — Ascent Resources, Chesapeake Exploration and Rice Drilling. These companies are focused on developing deep horizontal wells in Belmont County.
Since November 2017, no new horizontal well permits have been issued in the northern tier of the Utica shale, which includes Columbiana, Mahoning and Trumbull counties.
Learn more: The Youngstown Business Journal > ODNR reports show Belmont County as Utica hot spot
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Mineral rights are the rights of the owner of the property to mine or produce any resources below the surface of the property. Mineral rights are different from surface rights.
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