“We’ve found a way to kind of crack that code and really maybe extract the maximum benefits that we can from the ground in Ohio.” Rob Brundrett, president of the Ohio Oil & Gas Association. (Source: Hart Energy)
Buoyed by a decade of investment in the oil and gas industry, Ohio’s production is up and expectations are high that even better numbers are around the corner.
Even though Ohio has sometimes been “the forgotten child” in the region, the state has plenty to offer, including the “holy trinity of hydrocarbons,” Rob Brundrett, president of the Ohio Oil & Gas Association, said during an update on the state of the Utica Shale at Hart Energy’s DUG Appalachia Conference on Nov. 29. “We’ve got oil, natural gas, natural gas liquids and crude oil. So we have them all right here in the Utica and the state of Ohio.”
Those resources have drawn in more than $100 billion in investments over the past decade, with the lion’s share going to the upstream sector, he said.
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