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Employment in core shale-related industries decreased from 2020 to 2021. Overall employment in the core industries shrank 8.4%, a loss of 796 jobs. Oil and gas pipeline construction led the losses, shedding 548 jobs; support activities for oil and gas operations lost 226 jobs over the year.
• The combined market value of crude oil and natural gas production was $8,788,095,090. To make oil and gas well data more accessible, the division: • Posts updated shale development activity weekly and cumulatively on our website.
Jul 20, 2021 · COLUMBUS, OH, July 20, 2021— The American Petroleum Institute-Ohio (API Ohio) today released a new analysis of the natural gas and oil industry’s vast economic impact on Ohio’s economy and highlighted its importance to the state’s post-pandemic recovery.
Oct 2, 2023 · Ohio currently ranks 12 th in the nation for oil production and is the top oil producer in the Appalachian Basin. However, ODNR Chief Vendel predicts even more potential, stating that he thinks the state is “going to be breaking records.”
Mar 13, 2023 · The Ohio Department of Natural Resources (ODNR) recently published 2022 fourth quarter production totals that showed oil production reached nearly 5.9 million barrels this past quarter and is up 33 percent over the fourth quarter of 2021 and 16 percent over the third quarter of 2022.
Jun 11, 2021 · Jet and kerosene demand will see the largest increase (+1.5 mb/d y-o-y), followed by gasoline (+660 kb/d y-o-y) and gasoil/diesel (+520 kb/d y-o-y). World oil supply is expected to grow at a faster rate in 2022, with the US driving gains of 1.6 mb/d from producers outside the OPEC+ alliance.
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Nov 18, 2021 · An oil well in Carroll County, Ohio. CLEVELAND, Ohio - Oil prices have shot up in the past year with a barrel of Brent crude averaging $84 in October, more than double the average price in...
