FINANCIAL_SERVICESAPPROVED

Belmont County Awards Financial Services Contract to Ascent Resources - Utica Llc (April 2026)

Belmont County Commissioners approved an oil and gas lease with Ascent Resources - Utica, LLC for 102.845 acres in Richland Township at $7,500 per acre, totaling $771,337.50. The five-year lease, effective April 8, 2026, includes a 20% royalty on production.

Status
APPROVED
Document date
April 8, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Ascent Resources - Utica Llc
Agency
Belmont County · OH

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$7,500 per net leasehold acre for 102.845 acres (Total Payment Amount: $771,337.50)
Contract type
FINANCIAL_SERVICES
Contract term
Five-year term, effective April 8, 2026, with 20% royalty
Renewal date
2031-04-08
Renewal
Initial five-year oil and gas lease term beginning April 8, 2026; renewal or extension terms are not specified in the minutes.
Document type
Minutes
Source document
Belmont County Commissioners Meeting Minutes April 8 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Belmont County?

Ascent Resources - Utica Llc was awarded this financial services contract by Belmont County, as recorded on April 8, 2026. The contract value is $7,500 per net leasehold acre for 102.845 acres (Total Payment Amount: $771,337.50).

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 per net leasehold acre for 102.845 acres (Total Payment Amount: $771,337.50), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Belmont County Commissioners Meeting Minutes April 8 2026 (Minutes), dated April 8, 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

What is Belmont County currently buying?

Explore Belmont County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Belmont County's profile

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