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Ohio Utica Shale

Chesapeake leases 3,700 acres at Leesville Reservoir

By Bob Downing Published: April 20, 2012

The Muskingum Conservancy Watershed District today approved a natural gas lease with Chesapeake Energy Corp. for 3,700 acres at Leesville Reservoir in Carroll County.

The agreement calls for a signing bonus of $5,800 an acre plus royalties on what is produced from the well of 20 percent.

The bonus alone will produce about $21.5 million for the18-county district.

The deal says that the well cannot be located on conservancy property but the drilling can go under district-owned land, said spokesman Darrin Lautenschleger.

It is the second lease signed by the district. Last year, it signed a lease with Gulfport Energy on 6,400 acres at Clendening Reservoir in Harrison County.

The district was paid a signing bonus of $2,800 per acre and will get a 16 percent royalty on any gas or oil produced.

From the signing bonus, the district is using $15.6 million to defray debts and make infrastructure improvements to recreational facilities, officials said.

The new lease at Leesville provides a big chunk of Carroll County land for the Oklahoma-based energy company that is the biggest player in Ohio's Utica shale.




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Utica and Marcellus shale web sites

Ohio Department of Natural Resources' Division of Oil and Gas Resources Management State agency Web site.

ODNR Division of Oil and Gas Resources Management. State drilling permits. List is updated weekly.

ODNR Division of Geological Survey.

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Utica Shale, a compilation of Utica shale activities.

Landman Report Card, a site that looks at companies involved in gas and oil leases.FracFocus, a compilation of chemicals used in fracking individual wells as reported voluntarily by some drillers.

Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.

Rig Count Interactive Map by Baker Hughes, an energy services company.

Shale Sheet Fracking, a Youngstown Vindicator blog.

National Geographic's The Great Shale Rush.

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Penn State Marcellus Center.

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