Helping Clients With Their Energy and Environmental Needs

Read

Storage Wars Coming to Ohio

By Greg Russell

No, not the popular television show on A&E.  Rather, the issue of whether natural gas storage companies also own the right to develop the Utica shale underlying the associated properties.  From the Youngstown Business Journal:  "The main legal question before courts in northeastern Ohio is whether those who own land within a designated storage field also own the mineral rights, Arnold says. *** During the 1940s and ‘50s, energy companies negotiated many leases with landowners that specifically awarded these companies the rights to storage, Arnold says. However, drilling companies exploring the Clinton formation would often cut into the storage field and extract gas from the reserve. *** After that, the language in these leases was changed to include not only storage rights, but also mineral and production rights of any potential drilling on or even near the land, Arnold notes."

Tags: Storage, Energy, Utica

Helping clients with their energy and environmental needs

You can expect to find news and breaking legal developments involving the crude oil and natural gas industries, alternative and renewable energy resources, and the latest environmental issues.