OTHERAPPROVED

County Approves Oil and Gas Lease with Ascent

The Belmont County Commissioners entered into a five-year oil and gas lease with Ascent Resources - Utica, LLC effective April 15, 2026, for 13.964 acres in Richland Township. The lease pays $7,500 per net leasehold acre for a total of $104,730.00 plus a 20% royalty on production.

Status
APPROVED
Document date
April 15, 2026
Contract type
OTHER
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 13.964 acres; Total Payment Amount: $104,730.00
Contract type
OTHER
Contract term
Five-year term effective April 15, 2026, with 20% royalty
Renewal date
2031-04-15
Document type
Minutes
Source document
Belmont County Commissioners Meeting Minutes April 15 2026

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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 15, 2026. The contract value is $7,500 per net leasehold acre for 13.964 acres; Total Payment Amount: $104,730.00.

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 13.964 acres; Total Payment Amount: $104,730.00.

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 Commissioners Meeting Minutes April 15 2026 (Minutes), dated April 15, 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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