Gulfport Submits $21.8 Million Egypt Valley Lease Bid | Ohio Oil and Gas Land Management Commission | State of Ohio | GULFPORT APPALACHIA LLC

Scope & details

The full contract record, as filed.

Contract amount

$5,000 per acre for 4,360.386 acres ($21,801,930 total)

Contract type

OTHER

Contract term

Five-year primary lease term, with a one-time three-year extension option

Renewal

The standard lease provides a one-time option to extend the five-year primary term for an additional three years, subject to payment equal to 100% of the original bonus on eligible acreage.

Document type

Proposal

Source document

Ohio Oil and Gas Land Management Commission Proposal Bid Proposal for Nomination No. 24-DNR-0011 2026-05-15

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Barnesville Village Council Minutes 2026-07-27

APPROVED

Barnesville village, OhioJul 27, 2026

Ohio Oil and Gas Land Management Commission Proposal Bid Proposal for Nomination No. 24-DNR-0012 2026-05-15

PENDING

Ohio Oil and Gas Land Management Commission | State of Ohio, Ohio$17,500/acre for 382.810 acres ($6,699,175) + 12.5% Royalty + 7.5% Additional Economic IncentiveMay 15, 2026

Ohio Oil and Gas Land Management Commission Proposal Bid Proposal for Nomination No. 24-DNR-0011 2026-05-15

PENDING

Ohio Oil and Gas Land Management Commission | State of Ohio, Ohio$17,500 per acre for 4,360.386 acres ($76,306,755 total)May 15, 2026

Ohio Oil and Gas Land Management Commission Proposal Bid Proposal for Nomination No. 24-DNR-0012 2026-05-15

PENDING

Ohio Oil and Gas Land Management Commission | State of Ohio, Ohio$5,000/acre for 382.810 acres ($1,914,050)May 15, 2026

Ohio Oil and Gas Land Management Commission Proposal Bid for Oil and Gas Lease Nomination 26-DNR-0004 2026-05-14

PENDING

Ohio Oil and Gas Land Management Commission | State of Ohio, Ohio$15,500/acre for 849.881 acres ($13,173,155.50) + 12.5% royalty + 7.5% additional economic incentiveMay 14, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Ohio Oil and Gas Land Management Commission | State of Ohio?

Gulfport Appalachia 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 $5,000 per acre for 4,360.386 acres ($21,801,930 total).

How much is the Gulfport Appalachia Llc contract with Ohio Oil and Gas Land Management Commission | State of Ohio worth?

The Gulfport Appalachia Llc contract with Ohio Oil and Gas Land Management Commission | State of Ohio is valued at $5,000 per acre for 4,360.386 acres ($21,801,930 total).

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. 24-DNR-0011 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 is Ohio Oil and Gas Land Management Commission | State of Ohio currently buying?

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