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Media
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 558 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.
- he 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.
- Advances in technology leave smaller
footprints and less surface disturbance.
- The average well site footprint today
is 30 percent of the size it was in 1970.
Today, Ohio well sites are typically the
size of a family dining room, and the actual
well has a diameter about the size of a
soccer ball.
- Specific environmental laws and regulations
are regularly inspected and supervised by
the Ohio Department of Natural Resources
(ODNR) Division of Mineral Resources Management
(DMRM), and other government agencies.
What environmental
footprint do different energy sources
use?
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 state's 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 Division of Mineral Resources Annual
Report
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.
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