Ascent Proposes $18.3 Million Jockey Hollow Lease Bid
Ohio Oil and Gas Land Management Commission | State of OhioState · Columbus, OH- Disclosed value
- $12,507 per net mineral acre for 1,460.559 acres ($18,267,211.41), plus 12.5% royalty and 5.5% additional economic incentive
- From proposal
- Document date
- May 15, 2026
The 30-second brief
Ascent Resources – Utica, LLC proposed an $18,267,211.41 lease bonus for 1,460.559 net mineral acres at the Jockey Hollow Wildlife Area. Its bid also includes a 12.5% royalty and a 5.5% additional economic incentive, subject to commission award.
Ascent Resources – Utica LLC holds this contract with Ohio Oil and Gas Land Management Commission | State of Ohio. Its other public contracts on record include work for Guernsey County and Town of Steubenville.
Term as filed: Primary lease term of five years; one-time three-year extension option; may continue while oil and gas are produced or operations continue.
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Contract details
- Amount
- $12,507 per net mineral acre for 1,460.559 acres ($18,267,211.41), plus 12.5% royalty and 5.5% additional economic incentive
- Document date
- May 15, 2026
- Term
- Primary lease term of five years; one-time three-year extension option; may continue while oil and gas are produced or operations continue
- Source document
- Ohio Oil and Gas Land Management Commission Proposal Bid Proposal for Nomination No. 25-DNR-0002 2026-05-15 (Proposal)
Ascent Resources – Utica LLC's other public contracts
More Ohio Oil and Gas Land Management Commission | State of Ohio contracts
Questions about this contract
Who was awarded the government contract by Ohio Oil and Gas Land Management Commission | State of Ohio?
Ascent Resources – Utica LLC was awarded this government contract by Ohio Oil and Gas Land Management Commission | State of Ohio, as recorded on May 15, 2026. The contract value is $12,507 per net mineral acre for 1,460.559 acres ($18,267,211.41), plus 12.5% royalty and 5.5% additional economic incentive.
How much is the Ascent Resources – Utica LLC contract with Ohio Oil and Gas Land Management Commission | State of Ohio worth?
The Ascent Resources – Utica LLC contract with Ohio Oil and Gas Land Management Commission | State of Ohio is valued at $12,507 per net mineral acre for 1,460.559 acres ($18,267,211.41), plus 12.5% royalty and 5.5% additional economic incentive.
What type of contract is this?
This is a government contract, documented as a proposal record.
Where was this contract approved?
This contract appears in Ohio Oil and Gas Land Management Commission Proposal Bid Proposal for Nomination No. 25-DNR-0002 2026-05-15 (Proposal), dated May 15, 2026 from Ohio Oil and Gas Land Management Commission | State of Ohio. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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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.
What is Ohio Oil and Gas Land Management Commission | State of Ohio currently buying?
Explore Ohio Oil and Gas Land Management Commission | State of Ohio's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.