Oil And Gas Lease Approved With Ascent Resources

Scope & details

The full contract record, as filed.

Contract amount

$7,500.00 per net leasehold acre; Total Payment Amount: $1,717.50

Contract type

OTHER

Contract term

Five-year term, effective April 29, 2026; 20% royalty

Renewal date

2031-04-29

Renewal

Initial five-year primary term effective April 29, 2026, with a 20% royalty; any extension or continued term would depend on lease production clauses not detailed in the minutes.

Document type

Minutes

Source document

Belmont County Board of Commissioners Minutes 2026-04-29

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Belmont County?

Ascent Resources – Utica Llc was awarded this government contract by Belmont County, as recorded on April 29, 2026. The contract value is $7,500.00 per net leasehold acre; Total Payment Amount: $1,717.50.

How much is the Ascent Resources – Utica Llc contract with Belmont County worth?

The Ascent Resources – Utica Llc contract with Belmont County is valued at $7,500.00 per net leasehold acre; Total Payment Amount: $1,717.50.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Belmont County Board of Commissioners Minutes 2026-04-29 (Minutes), dated April 29, 2026 from Belmont County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ascent Resources – Utica Llc hold?

Ascent Resources – Utica Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Ascent Resources – Utica Llc's profile

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