Natural Gas and Oil Drilling Below State Expectations

by Jennifer Bullock on December 3, 2012 at 11:42 am

Natural gas and oil well drilling in Ohio has yet to meet the expectations of state officials this year…

The Ohio Department of Natural Resources said in March that most of the 250 natural gas and oil wells would be drilled in the state by the end of the year, but state records show that only 165 wells have been completed to date.

"If you look at the fact that Pennsylvania was dry gas, and what is really being drilled right now in Ohio is more of the wet gas, and it does require more of the processing, and the pipelines aren’t in place yet to move that material… I think that’s one of the reasons that we haven’t hit the projections that ODNR provided," said Port Authority Executive Director Mike Jacoby.

Jacoby said that Muskingum County is part of the "Petroleum Play," which is considered to be highly valued. But until more of the processing plants are built to make the resource usable, not much drilling will take place in our area.

"The most lucrative play is the wet gas window, which is a little bit to our east. That’s where most of the drilling has been occurring so far. But I think what will happen is Muskingum County will eventually… You’ll see more wells in Muskingum County."

Jacoby said the strategy right now is to attract companies that are doing business in the play to the Muskingum County area, to take advantage of our other resources, and help boost the local economy.