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Industry Statistics

Ohio's rich natural gas and crude oil reserves provide many opportunities to help the state's economy grow and prosper.Statistics
  • The industry's 4,490 direct jobs and another 12,950 indirect jobs support a total of 17,440 Ohio jobs.
  • The industry is responsible for $793 million per year in Ohio salaries.
  • Ohio keeps $793 million per year in the state when buying locally produced natural gas and crude oil.
  • Ohio consumers save $30 million per year in avoided interstate pipeline transportation costs, and another $9.2 million per year due to the price reducing impact of local natural gas supplies.
  • The industry reinvests $238 million annually on exploration and development.
  • The industry pays over $32.7 million annually in local, state and federal taxes.
  • The industry generates approximately $988 million in gross state product and a statewide output or sales of $1.7 billion per year.
  • The industry paid over $90 million in royalties and provided another $61 million in free gas last year 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 Crude Oil and Natural Gas WellOhio 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 460 new wells in 2011.
  • Ohio produced 4.9 million barrels of crude oil in 2011. Today, crude oil is refined into more than 6,000 everyday products including medicines, personal care products, plastics, synthetics and fuel.
  • Ohio produced 73 billion cubic feet of natural gas in 2011, 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.

Ohio's natural gas and crude oil production has one of the smallest environmental surface footprints of any energy source.

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:

2011 Ohio Department of Natural Resources, Division of Mineral Resources Management's Summary of Ohio Oil and Gas Activities

 Ohio's Natural Gas and Crude Oil Industry Fact Sheets:

Ohio's Natural Gas and Crude Oil Exploration and Production Industry and the Emerging Utica Gas Formation Economic Impact Study conducted by Kleinhenz & Associates

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