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Ohio Utica Shale

EnerVest wants to sell 539,000 acres in eastern Ohio

By Bob Downing Published: September 17, 2012


Texas-based EnerVest Ltd. intends to sell off 539,000 acres of its Utica shale holdings in Ohio and hopes to get more than $6 billion in return, the Wall Street Journal reported.

The company intends to retain 231,000 acres in eastern Ohio

The firm would like to complete the proposed sale or sales by Dec. 31, the newspaper reported.

Houston-based EnerVest has drilled four wells in eastern Ohio in addition to 58 wells that have been drilled by EnerVest’s partner, Chesapeake Energy Corp.

The EnerVest buyer would become Chesapeaker’s new partner on those 58 wells.

EnerVest has spent about $1.2 billion in Northeast Ohio in the last decade to become Ohio’s biggest energy producer.

It represents 25 percent of Ohio’s oil and gas production prior to the Utica shale boom.

It has more than 26,000 wells in 12 states with reserves in excess of 4 trillion cubic feet of natural gas.

EnerVest is a privately held company with a publicly traded arm, EV Energy Partners LP.



See the most recent drilling report and an injection wells map From
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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.

Ohio Environmental Protection Agency.

Ohio State University Extension.

Ohio Farm Bureau.

Ohio Oil and Gas Association, a Granville-based group that represents 1,500 Ohio energy-related companies.

Ohio Oil & Gas Energy Education Program.

Energy In Depth, a trade group.

Marcellus and Utica Shale Resource Center by Ohio law firm Bricker & Eckler.

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.

The Ohio Environmental Council, a statewide eco-group based in Columbus.

Buckeye Forest Council.

Earthjustice, a national eco-group.

Stop Fracking Ohio.

People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.

Concerned Citizens of Medina County, a grass-roots group.

No Frack Ohio, a Columbus-based grass-roots group.

Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.

Penn State Marcellus Center.

Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.

Allegheny Front, environmental public radio for Western Pennsylvania.