Your Portal for Key Energy Information and Research

Ascent Resources - Utica, LLC

Company Summary

Recent news

  • 11/12/2020 - Ascent Resources Utica... (subscriber access)
  • 11/12/2020 - Ascent Resources Utica... (subscriber access)
  • 11/12/2020 - Ascent Resources Utica... (subscriber access)
  • 11/12/2020 - Ascent Resources Utica... (subscriber access)
  • 11/12/2020 - Ascent Resources Utica... (subscriber access)

Investor Presentations

Company Transactions

Date: 8/15/2018
Type: Acquisition

DETAILS:

COST: 400 $MM

VOLUMES: 14 MBOE/d

ACRES: 39000 Acres

NOTES:
The acreage covers the wet gas Utica Shale areas of Belmont, Guernsey, Harrison, and Noble counties in Ohio.
REGIONS:
  • Utica
  • Date: 8/15/2018
    Type: Acquisition

    DETAILS:

    COST: 900 $MM

    VOLUMES: 132 Mmcfe/d

    ACRES: 74400 Acres

    NOTES:
    Ascent Resources announced that they have entered into multiple transactions to acquire $1.5 billion in Utica natural gas and oil assets from Hess, CNX Resources, Utica Minerals Development and a fourth undisclosed seller. Cumulatively, the deal includes 113,400 net leasehold acres and royalty interests on 69,400 fee mineral acres. Total production is an estimated 216 Mmcfe/d, and the assets hold 1.1 Tcfe in proved reserves and 5.6 Tcfe in total resources. Additionally, Ascent adds 380 gross horizontal well locations and and interest in over 900 gross horizontal well locations
    REGIONS:
  • Utica