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Economy and Business


Ohio oil and gas production doubles from 2012 to 2013
The next question for Ohio is where the processing will be done
Story by LYNDSEY SCHLEY


 
Fracking production doubled between 20012 and 2013.
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In The Region:

The Ohio Oil and Gas Association estimates that oil and gas production in the state nearly doubled from 2012 to 2013.

But Paul Weissgarber of Crosstex Energy said at the group’s annual winter meeting that his company plans to keep processing its resources out of state. He said states such as Louisiana are “extremely friendly to the petro-chemical business,” and he expects resistance if the industry were to try to build a new refinery in Ohio.

Shawn Bennett of Energy In Depth says that is just one perspective.

LISTEN: BENNETT ON PROCESSING

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"Our rules and regulations regarding natural gas processing plants are strong, but fair here in the state of Ohio," Bennett says. "There are currently four other companies building or operating natural gas processing plants in the state, processing over 1 billion cubic feet a day. So what may be better for one company doesn’t speak for the industry as a whole."

Bennett says Gulf States may have an advantage over Ohio due to established infrastructure, but things are changing.

Bennett says Louisiana has many cracking facilities, which take processed oil and gas and turn it into chemicals for plastics. But he says two proposed cracker plants in Pennsylvania and West Virginia could bring more processing to the Ohio area.

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