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Harrison County

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Commissioners sign agreements with Mark West, Chesapeake

Updated: Wednesday, February 5 2014, 10:12 PM EST

CADIZ, Ohio - The oil and gas industry in Harrison County has taken off with wells and pipelines crisscrossing the county-- providing jobs and an influx of money to the county.
 
Wednesday, county commissioners signed two agreements that will continue to allow the oil and gas industry to grow.
Commissioners signed a right of way agreement with Mark West and a lease with Chesapeake Energy that will continue the growth of the gas industry in Harrison County.
 
In addition to the money from the lease, commissioners are excited about the royalties from that agreement, which will add another source of income to the county.
The right of way agreement is for a line that will cut through a parcel of property on Old Hopedale Road, run underneath Route 22 and service the transload facility currently under construction near the old airport in Cadiz.
 
“The reload facilities are going to take a lot of the excess, there's going to be a lot of excess,” Harrison County Commissioner Bill Host said. “These plants can't take care of all of the production we're going to have and that's why it's important.”
 
Commissioners also signed a lease agreement with Chesapeake Energy on a piece of land in Rumley Township for $5,500 an acre and they'll receive 20-percent royalties from the well.
 
"That’s about as much as they'll pay and we've been trying to hold to that all we can on these leases,” Host said. “Eventually the county will have a good bit of income off these wells, royalty payments.”
 
The royalty payments from wells are what commissioners are most excited about. On top of lease payments they’re hoping the added income will continue to be a boost to the county.
 
“We've already collected a lot of lease payments the last couple years and the county is in better shape than it has been for a long time,” Host said.

Commissioners sign agreements with Mark West, Chesapeake


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