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The foundational legal document of the U.S. oil and gas industry is the oil and gas lease. [6] Oil and gas producing companies do not always own the land they drill on. Often, the company (the lessee) leases the mineral rights from the owner (the lessor). Major points in a lease include the description of the property, the term (duration), and ...
When Jill Antares Hunkler purchased land in Belmont County, Ohio, in 2007, she never envisioned her home would be surrounded by 78 oil and gas fracking wells a decade later, she said. "I wanted to ...
January 21, 2019 - A 30-inch diameter natural gas pipeline owned by Enbridge exploded in Noble County, Ohio at approximately 10:40 a.m.. The pipeline was built in the 1950s, and last inspected in the 1980s prior to the explosion. Still under investigation, corrosion is the presumed cause. [119]
The Mineral Leasing Act of 1920 30 U.S.C. § 181 et seq. is a United States federal law that authorizes and governs leasing of public lands for developing deposits of coal, petroleum, natural gas and other hydrocarbons, in addition to phosphates, sodium, sulfur, and potassium in the United States.
The Muskingum Watershed Conservancy District will be leasing its lands at Leesville Lake for oil and gas fracking. MWCD approves new oil and gas lease at Leesville Lake in Carroll County Skip to ...
Ohio Governor Mike DeWine says natural gas is a “green energy,” but it doesn't really work like that. ... state agencies “shall” accept a lease from oil and gas drillers, a change from the ...
The first discovery of oil from a drilled well and first offshore oil rig placed in world history occurred in Ohio in 1814 in Noble County, and 1891 at Grand Lake St. Marys. [11] Ohio was the country's lead producer of oil between 1895 and 1903, until technology allowed further developments throughout the nation. [12]
The Leesville Lake oil and gas lease with Encino Energy is expected to include a guaranteed bonus payment of $5,500 per net mineral acre and a 20% gross royalty rate to be paid to the conservancy ...