The Wall Street Journal on Wednesday reported that Hess Corp. is selling its dry gas Utica shale acreage to Oklahoma-based American Energy Partners for $924 million.
The sale covers about 74,000 acres in eastern Ohio.
Hess still holds significant acreage in the so-called wet gas window in the Utica shale and its has partnered with CONSOL Energy in developing Utica wells.
New York-based Hess announced the sale on Wednesday to an undisclosed third party.
American Energy Partners is a privately held company founded and run by Aubrey McClendon, the former CEO of Chesapeake Energy Corp.
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.
The Ohio Environmental Council, a statewide eco-group based in Columbus.
Earthjustice, a national eco-group.
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.
Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.
Allegheny Front, environmental public radio for Western Pennsylvania.