Feb. 28 Briefing Highlights Issues Concerning Oil & Gas Leasing

Pickaway County business and community leaders, as well as interested residents are invited to attend a special Oil & Gas Leasing Issues Briefing, sponsored by the Pickaway County Farm Bureau and the Fairfield County Farm Bureau. The briefing will be held at Ohio Christian University in the Science & Logistics Center in Circleville, Ohio on Tuesday, March 1, 2011 at 6:30 pm.

The program will be facilitated by Ohio Farm Bureau Federation (OFBF) Director for Energy Services, Dale Arnold.  “Long-term energy demand and new drilling technology have sparked interest in tapping into the Marcellus and Utica Shale deposits in parts of the Appalachian plateau, including many areas of eastern and central Ohio,” Arnold said. “It is estimated that methane and methane liquids in these deposits can address major requirements for fuel well into the second half of this century.

While many farmers and rural residents in the area have worked with energy service providers for years, new directional drilling technology, deeper wells and the amount of natural gas reserves expected have sparked new leasing arrangements. “Land unitization requirements, repair/remediation practices, general payments, royalty and bonus provisions  –  Leases now being presented to local landowners are structured much differently than those offered during the 1970’s – 1990’s, “ Arnold said.

“Many folks in the area have a number of questions and concerns,” Mark Ruff, Pickaway County Farm Bureau President said. Our County Farm Bureau Public Policy Action Team is sponsoring this briefing to help local citizens learn more about new trends in this industry.”

During the course of the briefing Arnold will discuss current energy trends, new drilling technology, remediation standards, general payment provisions and other provisions that are needed to create effective lease agreements.

Arnold has been OFBF Director for Energy Development since 1995. He represents farm and rural residential energy consumers on a variety of government working groups and public utility advisory boards concerning energy development. He has extensive experience working with county Farm Bureaus and local residents, helping communities evaluate projects concerning electric transmission lines, renewable energy generation, pipeline infrastructure, and Oil & Gas leasing issues.

The Ohio Farm Bureau Federation is the state’s largest general farm organization, encompassing 87 county Farm Bureau organizations and over 214,000 member families statewide.  Pickaway County Farm Bureau leaders are active on state and local action teams working on legislation, regulations and issues that impact agriculture and its relationship with rural, suburban and urban communities. Locally, over 1,234 member families belong to the Pickaway County Farm Bureau.