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Shale Magazine Shows Ohio Reaping Benefits from Oil and Gas Investments

Thursday, December 6, 2012 at 6:12 PM

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A drilling rig for a natural gas well in Jackson Township in Mahoning County.

Crain’s Cleveland Business has launched a new magazine devoted to shale developments around the state and its impact on the economy.

One story shows some oil and gas companies are raking in over a half million dollars worth of natural gas products a day.

Oil and Gas company Gulfport Energy says their best producing Utica well in Belmont County brings in over 7,500 barrels of natural gas liquids a day.  At current natural gas prices, that equates to over $600,000.

That’s just one example of the amount of oil and gas money flowing through Ohio.  See the full story and check out the magazine here.

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Energy, Shale

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