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Statistics/Studies
Ohio's rich natural gas and crude oil reserves
provide many opportunities to help the state's
economy
grow and prosper.
- The industry's 4,000 direct jobs
and another 10,400 indirect jobs support a total
of 14,400 Ohio jobs.
- The industry is responsible for
$730 million per year in Ohio salaries.
- Ohio keeps $1 billion per year
in the state when buying locally produced natural
gas and crude oil.
- Ohio consumers save $60 million
per year in avoided interstate pipeline transportation
costs, and another $5 million per year due to
the price reducing impact of local natural gas
supplies.
- The industry reinvests $281 million
annually on exploration and development.
- The industry pays over $57.5
million annually in local, state and federal
taxes.
- The industry generates approximately
$1.5 billion in gross state product and a statewide
output or sales of $3.1 billion per year.
- The industry paid over $202 million
in royalties and provided another $84 million
in free gas in 2008 to local landowners (mineral
interest owners) including farmers, businesses,
schools, churches and local governments with
wells on their property.
Ohio's a national
energy leader
in natural gas and crude oil production.
-
 Ohio is ranked fourth in the total number
of wells drilled. Ohio has drilled over
273,000 wells to date, followed only by
Texas, Oklahoma and Pennsylvania.
- Ohio drilled 556 new wells in 2009.
- Ohio produced 5.1 million barrels of
crude oil in 2009. Today, crude oil is refined
into more than 6,000 everyday products including
medicines, personal care products, plastics,
synthetics and fuel.
- Ohio produced 88 billion cubic feet
of natural gas in 2009, creating enough
energy to heat over 1 million Ohio homes
and businesses. Nearly 7 out of every
10 homes are heated with natural gas.
- Almost 100% of the Ohio natural gas
produced remains in the state.
- The top ten producing Ohio counties
in 2009 included: Licking,
Knox,
Cuyahoga, Noble, Geauga,
Guernsey, Monroe, Coshocton, Tuscarawas,
and Trumbull.
Ohio's natural gas and crude oil production
has one of the smallest
environmental surface
footprints of any energy source.
Ohio's industry is continuing
to create energy, economic and
lifestyle benefits
---yesterday, today and into the future.
Ohio's natural gas and crude oil producers are
truly Ohio's most dependable energy farmers.
They choose to participate in a high risk business,
and they are accustomed to working long hours
and operating under adverse weather conditions.
Innovations, perseverance, and hard work are
key to survival in an industry built on a variety
of uncertain conditions geological, economical
and operational. Through an ongoing commitment
of Ohio's natural gas and crude oil producers,
the domestic industry remains strong.
Ohio's supply of natural energy resources is
indeed significant. As the states supply adds
to the national supply, our resources are helping
keep prices in balance, while also helping us
be more independent from foreign energy supplies.
Download Related Documents:
2009 Ohio Department of Natural Resources, Division
of Mineral Resources Management's Summary of Ohio
Oil and Gas Activities
Ohio's National Gas and Crude Oil Industry 2009
Brochure
Ohio's Natural Gas and Crude Oil
Industry Fact Sheets:
"Ohio's Natural Gas and Crude Oil Exploration and
Production Industry Economic Impact Study" conducted
by Kleinhenz & Associates
Bonus Documents:
How
much energy does it take to Power Your Town?
To Plug or Not to Plug? Do You
Create Vampire Energy?
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