Monday, March 26, 2012

Chesapeake Energy Corp. Sees Ohio's Potential

Chesapeake Energy, the Oklahoma-based company, is no stranger to Ohio.  It has became the biggest stakeholder in Ohio’s Utica shale, the gas-abundant rock formation. Having swept into eastern Ohio nearly two years ago, Chesapeake is attracted to Ohio's potential in natural gas drilling. Read the full story here.

Wednesday, February 15, 2012

Wheeling, WV - The Center of the Utica and Marcellus Shale Boom

The Pittsburgh Business Times reported earlier this month that Wheeling, West Virginia is at the "dead center" of the Utica and Marcellus shale boom. The amount of "wet" gas that's being produced in the Northern Panhandle makes it a prime area for an ethane cracker. The gas could stay in the WV region if an ethane cracker is built here. Read the full story here.

Tuesday, February 7, 2012

OOGEEP Presentation In Cleveland, Ohio

Grubb & Ellis 2012 Real Estate Forecast event held on January 31, 2012 in Cleveland, Ohio.  Rhonda Reda, Managing Director of the Ohio Oil and Gas Energy Education Program (OOGEEP), spoke about the energy industry and the positive effects it will have in Ohio as shale exploration develops in the Utica Marcellus shale region.  Reda noted that the future looks bright for these communities, saying, "The once abandoned steel mills in Youngstown are open again due to the oil and gas markets." OOGEEP had originally predicted that the shale would result in 200,000 jobs for Ohioans by 2015, but jobs are being created faster than OOGEEP predicted. View the entire OOGEEP slide presentation.

Monday, January 30, 2012

Ohio's Real Estate Market Feeling Positive Effects Of Utica & Marcellus

The buying and leasing taking place in the Utica and Marcellus shale areas has had a positive affect on smaller, rust belt towns in Ohio. According to the ZanesvilleTimesRecorder, property is being snapped up due to its shale potential. Landowners in Zanesville, Ohio are banding together to lease their land at the best possible rate, and to receive royalties on drilling profits. Counties such as Muskingum, Coschocton, Licking, Perry and Morgan have such landowner groups being formed. offers a platform for property owners to list their land and mineral rights for sale and lease, and is exclusively dedicated to land and mineral rights in the Utica and Marcellus shale region. By including information about zoning information, site plans and aerial photos, interested parties from around the world can view properties and contact owners to make offers on their land.

Utica & Marcellus Shale - The Potential Of Tapping In

There's been a frenzy of activity in the Utica and Marcellus shale zone. Almost daily, articles and reports on Utica or Marcellus Shale appear in the media. Why all the hype?  Simply put, Utica shale alone has an estimated worth in the billions.  Landowners in Ohio, Pennsylvania, New York and West Virginia may be sitting on a shale goldmine. Energy companies have taken great interest in the potential supply of natural gas trapped in the shale within these areas, and are competing to secure mineral rights and leases in order to harvest the gas.

According to, this map shows the geographic extent of what is suspected to be Utica shale source rock. Geologists believe this portion has the potential to yield natural gas.

Although the direct economic benefits to the Utica and Marcellus shale regions will consist primarily of royalties and lease payments, the development of these areas will have a positive impact on the local and national economies.

About Us is an online index of premium industrial property listings in the Utica and Marcellus shale region. UticaMarcellus fulfills the current need to aggregate these shale related properties, and offers a platform for property owners to list land and mineral rights.