Belmont College Board of Trustees Meeting Agenda January 2026
2014 Mineral Rights Lease with Rice Drilling Ongoing
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Description
Belmont College continues an existing 2014 mineral rights lease with Rice Drilling covering 59.003 net acres, from which the College is receiving ongoing royalty payments. Most of the acreage is held by production from wells drilled in the associated units.
Contract Details
Vendor
RICE DRILLING
Agency
Belmont College, OH
Contract Type
OTHER
Document Date
January 22, 2026
Contract Term
Lease executed in 2014; 59.003 net mineral acres
Renewal Info
Original lease from 2014 remains in effect for 59.003 net acres, with 43.297 acres held by production from current wells.
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