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.