Ohio Shale

As we look for safe, reliable, domestic sources of energy -- we need look no further than the Buckeye State.  That's right -- Ohio is sitting on top of a veritable "gold mine" of natural resources known as the Utica shale.   

Ohio's growth as an energy producing state has grown significantly thanks to shale energy and the modern use of hydraulic fracturing and horizontal drilling.  In 2010, for example, the state's marketed natural gas production was 78 billion cubic feet.  Just five years later, in 2015, production increased 12-fold to more than 1 trillion cubic feet. Oil production has grown from 14 million barrels in 2014 to 28 million barrels in 2015 - doubling in just that one year. 

Ohio Shale MapThe Marcellus shale lays at the far eastern side of the state (shown as tan in graphic) and the larger Utica shale formation lays just to its west.  The Marcellus shale, unlike in Pennsylvania, appears too thin to provide economically viable amounts of resources in Ohio (it is less than 62 feet thick).  The Utica shale, however, holds vast amounts of oil and natural gas reserves — this means  more Ohio jobs, and safe and reliable energy for America.

Benefits of Ohio Shale

Shale is putting Ohio back to work.  Thanks to the economic opportunities afforded Ohioans by fracking and its support industries, residents of the Buckeye State have access to good jobs in key American industries.  Businesses in small towns throughout Ohio are feeling a boost from the energy production that’s occurring along the Utica Shale Play.

In just that past few years, the Utica shale play has boosted Ohio’s economy.  The oil and natural gas industry now supports more than 255,000 Ohio jobs, with the non-gas station salaries averaging $75,792 per year (the state's average salary is $45,486).  And there are 13,712 shale-related businesses operating in Ohio that combined add more than $28 billion to the state's economy. 

Since Utica Shale development took off in 2011, companies have been investing a tremendous amount of capital in eastern Ohio.  Billions of dollars have been spent developing well sites, creating much-needed infrastructure, creating service companies, and constructing hotel and restaurant chains. In addition, landowners and municipal governments have benefited from lease payments.

These investments across the board have resulted in an uptick in sales activity, and therefore have created a surge in sales tax revenues.  According to Energy in Depth, over the past five years, shale counties have realized a 65 percent boost, thanks in large part to the investments made by the oil and gas industry.

In summary, the Utica shale play has brought much need economic and energy boost to the state though creating new jobs and generating statewide government coffers. 

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