Ohio· County Detail
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No broker fees. No auction. We close with our own capital.
By Brad Caponigro, Founder · Last updated
Per the state well registry. Per-county monthly volumes are not published for Ohio; well counts and operator activity are the closest proxy for ongoing production.
| Operator | Parent | Ticker | HQ |
|---|---|---|---|
| Ascent Resources | — | Private | — |
| Gulfport Energy | — | GPOR(NYSE) | Oklahoma City, OK |
| Rice Energy (EQT) | — | Private | — |
Public-company tickers link to investor relations. Private operators are marked as such and do not carry a ticker.
We also buy overriding royalty interests (ORRIs) and non-participating royalty interests (NPRIs) in Belmont County — common for tracts under leases held by major operators with carried-out royalty structures.
Yes. Belmont County is on our active buy list. We buy mineral interests, royalty interests, NPRI, and ORRI on both producing and non-producing tracts targeting the Utica and Marcellus formations.
The most active operators we track in Belmont County include Ascent Resources, Gulfport Energy, Rice Energy (EQT). We regularly buy interests held under leases with these operators.
Belmont County sits in the Utica Shale, where the primary target is utica / marcellus. Here we underwrite the Utica and Marcellus formations.
Belmont County sits in the heart of the Ohio Utica Shale dry-gas / wet-gas window in eastern Ohio. The county has been one of the most actively drilled Utica counties for natural gas. Operators have built significant continuous-development positions. Producing royalty interests trade at multiples reflecting the established gas decline curves and continuing operator interest.
Ohio imposes a notably low severance tax: $0.10/barrel of oil and $0.025/Mcf of natural gas, with no percent-of-value mechanism. The tax burden on Belmont County production is among the lowest in the country among major producing states, which means realized prices net of severance are nearly equal to gross prices. This is one reason Ohio mineral economics for owners can be relatively favorable compared to high-severance states like ND, WY, or NM.
Ohio's Dormant Mineral Act (ORC 5301.56) allows surface owners to file affidavits of abandonment for severed mineral interests after 20 years of non-use. Walker v. Shondrick-Nau (Ohio S.Ct. 2016) and subsequent cases have heavily litigated the procedural requirements. If you have a Belmont County interest with a long inactive period, confirm whether any Notice of Abandonment was ever served on prior owners — if served and unanswered, the interest may have been deemed abandoned. Title work surfaces this.
Closings on Belmont County mineral rights typically take 7 to 30 days from the date you accept our offer, depending on title complexity. We handle county-level title work, PSA drafting, mineral deed preparation, and notary coordination at our expense.
Just a tract description (abstract or survey, section/township/range, or a legal description from your deed) and any recent royalty check stubs if the interest is producing. You do not need to gather deeds or title opinions up front.
Belmont County sits in the Utica Shale, where operators are targeting utica / marcellus. Activity is led by names like Ascent Resources, Gulfport Energy, Rice Energy (EQT), and new drilling continues to shape the play across the Utica and Marcellus formations.
If you hold mineral rights, royalty interests, NPRI, or ORRI anywhere in the county, we'd like to put a written offer in front of you. Every offer we send is funded from our own balance sheet — there's no auction, no broker markup, and no third-party capital waiting to approve the deal.
Belmont County has steady development activity and we buy here regularly. If you own minerals in the county, we'd like to evaluate your tract.