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St. C Gets No Bids For Drilling

Community wants $7,300 per acre and 20 percent royalties

March 1, 2014
By CASEY JUNKINS - Staff Writer , The Intelligencer / Wheeling News-Register

ST. CLAIRSVILLE - At a lease rate of $7,300 for each of its 195 mineral acres, St. Clairsville city leaders stood to collect more than $1.42 million from a Utica Shale natural gas company - in addition to gaining 20 percent worth of royalties at the start of production.

 
 

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