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Ohio Utica Shale

New study boosts Ohio economic impacts of drilling

By Bob Downing Published: February 28, 2012

Drilling into Ohio’s Utica shale for natural gas is expected to create at least 65,680 new jobs by 2014, according to a new study.

The development of the shale that underlies eastern Ohio is estimated to be worth $9.6 billion by 2014, said the study that was released today.

That compares to $291 million in Ohio economic impacts in 2011.

The 81-page analysis was done for the Ohio Chamber of Commerce and the Ohio Shale Coalition by Cleveland State University, Ohio State University and Marietta College. The study was funded by the chamber and Ohio industries.

The shale boom will likely have sweeping economic impacts on Ohio by adding $4.9 billion to the state’s gross domestic product in 2014, a 1 percent increase, the study says.

By comparison, the Utica shale development produced $162 million in Ohio GDP in 2011.

Ohio had 33 wells drilled in 2011, of which only four were placed in production. The others are waiting for pipelines and higher natural gas prices.

According to most estimates, more than 1,000 wells will be drilled by 2014. That will require a $6 billion investment on the part of energy companies like Oklahoma-based Chesapeake Energy Corp., the biggest player in Ohio shale.

In 2011, drilling and production created 2,275 jobs in Ohio, the report says. That number is projected to grow to 12,150 in 2012; 40,606 in 2013; and 65,680 jobs in 2014.

The biggest job boom will be in gas-oil service companies that provide contract services to energy giants — with that portion of the job total doubling between 2013 and 2014.

Here's another account of the study from Columbus Business First. It includes a link to the full report.



See the most recent drilling report and an injection wells map From
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Utica and Marcellus shale web sites

Ohio Department of Natural Resources' Division of Oil and Gas Resources Management State agency Web site.

ODNR Division of Oil and Gas Resources Management. State drilling permits. List is updated weekly.

ODNR Division of Geological Survey.

Ohio Environmental Protection Agency.

Ohio State University Extension.

Ohio Farm Bureau.

Ohio Oil and Gas Association, a Granville-based group that represents 1,500 Ohio energy-related companies.

Ohio Oil & Gas Energy Education Program.

Energy In Depth, a trade group.

Marcellus and Utica Shale Resource Center by Ohio law firm Bricker & Eckler.

Utica Shale, a compilation of Utica shale activities.

Landman Report Card, a site that looks at companies involved in gas and oil leases.FracFocus, a compilation of chemicals used in fracking individual wells as reported voluntarily by some drillers.

Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.

Rig Count Interactive Map by Baker Hughes, an energy services company.

Shale Sheet Fracking, a Youngstown Vindicator blog.

National Geographic's The Great Shale Rush.

The Ohio Environmental Council, a statewide eco-group based in Columbus.

Buckeye Forest Council.

Earthjustice, a national eco-group.

Stop Fracking Ohio.

People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.

Concerned Citizens of Medina County, a grass-roots group.

No Frack Ohio, a Columbus-based grass-roots group.

Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.

Penn State Marcellus Center.

Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.

Allegheny Front, environmental public radio for Western Pennsylvania.