Is Mahoning County heating up?

The Wehr Spring Valley well produced 40,000+ barrels of oil and 203,000+ MCF of gas in Q3. Western Mahoning County may start seeing some action.

Views: 295

Attachments:

▶ Reply to This

Replies to This Discussion

Permalink Reply by Petroleum Attorney 1976 on December 24, 2025 at 9:53am

For everyone's information, Ascent Resources is offering $ 6,500 per net acre and 20% gross leases in Monroe County. If EOG proposes leases in Mahoning County, ensure you obtain those terms. 

Permalink Reply by Petroleum Attorney 1976 on January 15, 2026 at 5:57am

Now offers up to $7750 per net acre at 20% gross. This is not in Mahoning Co but Noble, Monroe and some Carroll Counties. I would still suggest getting that from EOG. 

Permalink Reply by clam on January 15, 2026 at 10:57am

Thanks for the updates 

Permalink Reply by Kambe on January 21, 2026 at 7:21am

Not sure if everyone can read this article

A new era of energy exploration

Johnson says renewed interest led to a lease deal for a landowner group with Ironhead Resources, which took a nonoperating position on a combined 5,300 acres in western Columbiana County across Knox and West townships.

“We did much better for the landowners than what was being offered at the time,” Johnson says, declining to be specific on leasehold values because of confidentiality agreements.  “They wanted to make an investment.” 

Permalink Reply by tacoma7583 on January 21, 2026 at 9:58am

in that group it was $4,000 per acre and 20% royalty, but really you only got 19.5% because they kept .5% 

Permalink Reply by Kambe on January 21, 2026 at 11:05am

Thanks for the info, do you know who Ironhead is going to sell the lease too?  Thoughts on getting a higher lease per acre vs 19.5%, although I've seen others have 18% as the going rate.

Permalink Reply by tacoma7583 on January 21, 2026 at 1:14pm

not sure who ironhead was assigning the leases to, they've assigned portions of it to other partnerships and had operating agreements with EAP, as far as negotiating I have no idea,  I'm in the Kitzmiller unit and I spent 8-9 months going back and forth and EAP wouldn't budge over 18%,  but my neighbor signed in under 30 days and got the same bonus per $$$$ acre but 20%, they had a different landman, but same company.  maybe there lease had a phrase to allow deductions and mine didn't who knows.  

Permalink Reply by Kambe on January 21, 2026 at 1:35pm

Nice!  Do they have enough room to add a couple more wells (or more) to that pad?  

RSS

© 2026   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service