ASCENT RESOURCES
Oklahoma City, Oklahoma, United States
ASCENT RESOURCES
!
Leading the American Energy Revolution.
About ASCENT RESOURCES
Based in Oklahoma City, Oklahoma, Ascent Resources is a private exploration and production company focused on acquiring, developing, producing and operating natural gas and oil properties in the Utica Shale.
Through its subsidiary, Ascent Resources – Utica, the Company has grown to become one of the largest privately held exploration and production companies in the United States in terms of asset size and net production and the largest natural gas producer in the state of Ohio.
Description of Services
Ascent Resources is one of the largest privately held exploration and production companies in the United States in terms of asset size and net production and the largest natural gas producer in the state of Ohio.
What we do
Ascent Resources currently holds a large, contiguous, acreage position of approximately 374,400 net leasehold acres, including 76,500 mineral acres, in the core of the southern Utica Shale, primarily in Belmont, Jefferson, Guernsey, Harrison and Noble counties Ohio. We also own royalty interests in approximately 4,400 mineral acres that are being developed by third-party operators and provide enhanced value without additional capital costs or operating expenses.
By remaining focused on optimizing the development of our premier resource base and maintaining our peer leading cost and well performance metrics, Ascent Resources has established itself as the premier operator in the southern Utica Shale.
LARGE, PRIVATE NATURAL GAS PRODUCER
Ascent Resources is one of the largest private producers of natural gas in the U.S. based on daily production and the largest producer of natural gas in Ohio.
SIZEABLE RESOURCE BASE
Proved oil, natural gas and natural gas liquids reserves of approximately 8.9 tcfe as of December 31, 2023.
ROBUST DRILLING INVENTORY
More than a decade of high-quality premium drilling locations spanning multiple hydrocarbon phases, providing diversified exposure to natural gas, oil and natural gas liquids.
