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New map showing revised gas-oil drilling prospects in Ohio creates stir

Akron Beacon Journal -- A relatively simple multi-colored map is creating a buzz in eastern Ohio.

Some counties’ residents are ecstatic at the possibility they might be sitting atop lucrative deposits of natural gas/oil products. Others are dismayed to learn smaller volumes of gas and oil might lie deep under their feet than previously estimated.

At the center of what’s happening is a newly released map from the Ohio Dept of Natural Resources’ Division of Geological Survey. It shows excellent drilling potential under much of Stark Co. Large tracts of Tuscarawas, Coshocton and Trumbull counties also rate excellent. So, too, does eastern Portage Co.

Records show landowners can get signing bonuses of up to $5,800 an acre plus royalties as high as 21% on what’s produced by wells. The avg leasing bonus $2,500

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Submitted Apr 25, 2012 By: DellDude2

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honda0105 Champion Author Tallahassee Posts:18,643 Points:1,611,470 Joined:Nov 2008	Message Posted: Apr 28, 2012 5:00:24 AM Ignore honda0105 Report Abuse what if it wasn't there at all? Sounds like too many people see the short term $$$ signs and not the long term impact.
ExplorerWA Champion Author Washington Posts:4,093 Points:799,200 Joined:Feb 2011	Message Posted: Apr 25, 2012 7:38:37 PM Ignore ExplorerWA Report Abuse Looks like a black gold rush to Ohio.
Wanda127 Champion Author Florida Posts:2,499 Points:916,755 Joined:May 2010	Message Posted: Apr 25, 2012 6:57:24 PM Ignore Wanda127 Report Abuse Good info rossp
my2002m Champion Author Tulsa Posts:6,084 Points:1,672,250 Joined:Jul 2008	Message Posted: Apr 25, 2012 5:46:07 PM Ignore my2002m Report Abuse Would be nice if it was oil, but any energy we produce here at home is better then having to import it.
gknee09 All-Star Author Philadelphia Posts:985 Points:824,640 Joined:Jul 2009	Message Posted: Apr 25, 2012 4:10:12 PM Ignore gknee09 Report Abuse easy come easy go
bluebird1 Champion Author Toronto Posts:15,745 Points:3,110,075 Joined:May 2004	Message Posted: Apr 25, 2012 1:13:20 PM Ignore bluebird1 Report Abuse Yes some ecstatic & others fearful their gas may come from home.
dougtaylor1 Champion Author Phoenix Posts:1,761 Points:449,275 Joined:Jun 2011	Message Posted: Apr 25, 2012 11:56:59 AM Ignore dougtaylor1 Report Abuse Safeguards, not regulations.
CPGas1815 Champion Author Michigan Posts:6,027 Points:1,099,605 Joined:Apr 2008	Message Posted: Apr 25, 2012 10:36:42 AM Ignore CPGas1815 Report Abuse There better be some safeguards in place or water in Ohio will become poisoned.
tomok Champion Author Portland Posts:33,073 Points:2,347,460 Joined:Aug 2006	Message Posted: Apr 25, 2012 10:36:36 AM Ignore tomok Report Abuse Knowing 'where' to drill for good oil reserves is very important. Recovering the oil from the ground and getting it to market is another part. Finding good oil 'pockets' can sometimes be a very expensive cost for oil companies. Are there more earthquakes for Ohio with the possible increase in oil drilling? Protect the ground and surface waters from oil drilling and fracking. All waste water to be treated and Not injected into the ground. Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost, if possible. The price of fuel at the pump is too high! 12/22/2012!
matthwbar Champion Author Toledo Posts:4,073 Points:1,019,755 Joined:Jun 2007	Message Posted: Apr 25, 2012 10:35:03 AM Ignore matthwbar Report Abuse Hmmmm...interesting..
bell05 Champion Author Atlanta Posts:9,265 Points:1,878,560 Joined:Jun 2005	Message Posted: Apr 25, 2012 10:30:09 AM Ignore bell05 Report Abuse Guess I had better move to Ohio!
amayne11 Champion Author Vancouver Posts:1,760 Points:501,805 Joined:Nov 2011	Message Posted: Apr 25, 2012 10:29:48 AM Ignore amayne11 Report Abuse Sounds like good news to me.
snappytom2 Champion Author Corpus Christi Posts:3,561 Points:275,220 Joined:Jul 2008	Message Posted: Apr 25, 2012 10:19:57 AM Ignore snappytom2 Report Abuse Hmm.
BlueberryFocus All-Star Author Rochester Posts:553 Points:128,760 Joined:Feb 2012	Message Posted: Apr 25, 2012 10:19:45 AM Ignore BlueberryFocus Report Abuse I want to progress, not drill away.
GLM4205 Champion Author Toledo Posts:4,067 Points:802,245 Joined:Dec 2010	Message Posted: Apr 25, 2012 10:17:33 AM Ignore GLM4205 Report Abuse I agree with oas.
glorioussnookie Champion Author Tennessee Posts:3,761 Points:699,370 Joined:Feb 2010	Message Posted: Apr 25, 2012 10:16:58 AM Ignore glorioussnookie Report Abuse bsg75 said it exactly how it is! We could drill till the very max - it is a Global Market and that is exactly where the oil would end up being sold!
mickealo Champion Author Spokane Posts:6,172 Points:2,146,385 Joined:Oct 2006	Message Posted: Apr 25, 2012 10:15:44 AM Ignore mickealo Report Abuse well it could be money in their pockets but there are risks that go with that
bsg75 Veteran Author Chicago Posts:428 Points:134,115 Joined:May 2010	Message Posted: Apr 25, 2012 10:12:35 AM Ignore bsg75 Report Abuse I know basic arithmetic is beyond the ken of righties, but drilling here/now baby to the absolute max will supply only a fraction of domestic demand, and will have a negligible impact on prices. It is a global market. P.S. YESBAMA 2012. Good luck with Mittbot 2000 herper derpers.
MTPokts Champion Author Indianapolis Posts:2,280 Points:777,040 Joined:Jul 2008	Message Posted: Apr 25, 2012 10:11:12 AM Ignore MTPokts Report Abuse And what if a landowner does not want this? Another Eminent Domain so a corporation can make a profit? Just wondering.
esquared Champion Author Oklahoma City Posts:8,077 Points:1,972,060 Joined:Jan 2006	Message Posted: Apr 25, 2012 10:09:43 AM Ignore esquared Report Abuse Royalties as high as 21%?!?! LOL
memo81 Champion Author St. Louis Posts:2,358 Points:446,450 Joined:Feb 2012	Message Posted: Apr 25, 2012 10:04:45 AM Ignore memo81 Report Abuse ok
Go_E85 Champion Author Orange County Posts:2,234 Points:174,805 Joined:Dec 2007	Message Posted: Apr 25, 2012 10:03:40 AM Ignore Go_E85 Report Abuse ...
BigBob12345 Champion Author Gasbuddy Posts:1,521 Points:304,730 Joined:Aug 2011	Message Posted: Apr 25, 2012 10:03:32 AM Ignore BigBob12345 Report Abuse I am glad I don't live in one of those counties!!!!!!!!!
ChristinaCricke Champion Author New Jersey Posts:3,753 Points:769,525 Joined:Mar 2011	Message Posted: Apr 25, 2012 10:03:09 AM Ignore ChristinaCricke Report Abuse MMMMMMmmmmmmmm
vegboy All-Star Author Massachusetts Posts:550 Points:106,700 Joined:Feb 2012	Message Posted: Apr 25, 2012 10:02:25 AM Ignore vegboy Report Abuse Let's do it. But the greenies will block it. We won't have any green options if we keep getting our oil from the Middle East. Drill baby, drill.
bullseye100 Champion Author New Jersey Posts:2,434 Points:586,155 Joined:Aug 2011	Message Posted: Apr 25, 2012 10:01:33 AM Ignore bullseye100 Report Abuse Rossp, well said.
tauro514 Champion Author Connecticut Posts:3,150 Points:1,803,040 Joined:Oct 2006	Message Posted: Apr 25, 2012 10:01:01 AM Ignore tauro514 Report Abuse okay.
rossp Champion Author San Jose Posts:13,487 Points:2,309,825 Joined:Apr 2006	Message Posted: Apr 25, 2012 9:58:24 AM Ignore rossp Report Abuse It's not clear that domestic drilling will have a significant impact on (a) oil imports and (2) domestic gasoline availability. This is because (1) we import such a large amount of oil that domestic drilling would have to increase a huge amount to offset that much of it. Domestic drilling has increased under the current administration but fell under the previous (Bush II) administration, so if the impact was going to happen, it would have already. And (b) we (that is our oil companies) are exporting gasoline as fast as they can, to international markets. Any increase in gasoline production would simply be shipped overseas (cough - China - cough) where a higher price means higher profits for "our" oil industry. Net, net, the price of gas, although lower just now than a year ago, will probably rise over time.
Goody2317 All-Star Author Wilmington Posts:680 Points:620,005 Joined:Jun 2008	Message Posted: Apr 25, 2012 9:58:03 AM Ignore Goody2317 Report Abuse No matter where or how deep, we have the capability to get it. So let's do it.
Cheepo Champion Author Tampa Posts:9,889 Points:3,128,005 Joined:Apr 2003	Message Posted: Apr 25, 2012 9:57:57 AM Ignore Cheepo Report Abuse Drill baby drill here and now!!!!!!
RichFWA Champion Author Tacoma Posts:1,185 Points:291,795 Joined:Mar 2011	Message Posted: Apr 25, 2012 9:55:16 AM Ignore RichFWA Report Abuse Ok just drill.
wang91554 Champion Author San Jose Posts:3,180 Points:1,203,755 Joined:May 2009	Message Posted: Apr 25, 2012 9:55:07 AM Ignore wang91554 Report Abuse I'm sitting on top of ... dirt.
BrucePen Champion Author Ontario Posts:6,616 Points:1,364,765 Joined:Sep 2008	Message Posted: Apr 25, 2012 9:54:53 AM Ignore BrucePen Report Abuse Drill baby drill!
SOLONGCOLD Champion Author Ann Arbor Posts:1,110 Points:272,200 Joined:Nov 2010	Message Posted: Apr 25, 2012 9:54:25 AM Ignore SOLONGCOLD Report Abuse finally
Furrykids Sophomore Author Gainesville Posts:230 Points:557,540 Joined:Mar 2011	Message Posted: Apr 25, 2012 9:54:25 AM Ignore Furrykids Report Abuse EPA will stop it
pliskin Champion Author Syracuse Posts:6,095 Points:1,734,805 Joined:Apr 2005	Message Posted: Apr 25, 2012 9:52:04 AM Ignore pliskin Report Abuse Just get it done and don't sell it all away!
silverfoxv65 Champion Author Michigan Posts:4,490 Points:1,232,000 Joined:Sep 2009	Message Posted: Apr 25, 2012 9:51:45 AM Ignore silverfoxv65 Report Abuse Every thing seems to creat a stir these days!
boldrph Champion Author Topeka Posts:18,387 Points:3,453,590 Joined:Oct 2002	Message Posted: Apr 25, 2012 9:50:16 AM Ignore boldrph Report Abuse what price the earth?
Homito All-Star Author San Antonio Posts:880 Points:174,700 Joined:Apr 2011	Message Posted: Apr 25, 2012 9:49:07 AM Ignore Homito Report Abuse I would sell my property.
Homito All-Star Author San Antonio Posts:880 Points:174,700 Joined:Apr 2011	Message Posted: Apr 25, 2012 9:48:54 AM Ignore Homito Report Abuse I would sell my property.
Homito All-Star Author San Antonio Posts:880 Points:174,700 Joined:Apr 2011	Message Posted: Apr 25, 2012 9:48:45 AM Ignore Homito Report Abuse I would sell my property.
Spirits All-Star Author Florida Posts:911 Points:372,800 Joined:May 2008	Message Posted: Apr 25, 2012 9:48:14 AM Ignore Spirits Report Abuse Very informative
dacofa Champion Author Nevada Posts:5,375 Points:1,150,610 Joined:Jan 2010	Message Posted: Apr 25, 2012 9:47:01 AM Ignore dacofa Report Abuse Not until we get the trash out of the WH!
LSU_TIGERS_dmb Champion Author Louisiana Posts:1,717 Points:622,580 Joined:May 2011	Message Posted: Apr 25, 2012 9:45:59 AM Ignore LSU_TIGERS_dmb Report Abuse Drill here but will not happen until we get a new president in the WH next year.. Hurry up November...
regasaz Champion Author Phoenix Posts:5,775 Points:1,283,130 Joined:Dec 2006	Message Posted: Apr 25, 2012 9:41:53 AM Ignore regasaz Report Abuse Good, now to keep U.S. oil products here in the U.S......... No exporting of our natural resources. Spend U.S. dollars here and not with OPEC nations.
mageetp Champion Author British Columbia Posts:3,220 Points:628,660 Joined:Aug 2011	Message Posted: Apr 25, 2012 9:41:37 AM Ignore mageetp Report Abuse Make sure you get a good contract.
PithyOpiner Champion Author Stockton Posts:16,220 Points:1,599,495 Joined:Jun 2008	Message Posted: Apr 25, 2012 9:39:24 AM Ignore PithyOpiner Report Abuse You silly folks in Tuscarawas, Coshocton and Trumbull counties.....shut up and take the money. What the hell is the matter with you?? Sign up before the man changes his mind, for crying out loud.
jakessoccermom Sophomore Author Wisconsin Posts:199 Points:620,170 Joined:May 2010	Message Posted: Apr 25, 2012 9:38:17 AM Ignore jakessoccermom Report Abuse I don't know how landowners are going to feel about all of the drilling rigs on their property and all of the problems associated with it. The leasing bonuses might not be a bonus after all.
briinnc Champion Author North Carolina Posts:2,705 Points:834,820 Joined:Jan 2010	Message Posted: Apr 25, 2012 9:36:40 AM Ignore briinnc Report Abuse Hope the payments are enough to compensate for having to buy non-contaminated water and fixing their property damage.
sramroop Champion Author Birmingham Posts:3,327 Points:741,805 Joined:Jul 2010	Message Posted: Apr 25, 2012 9:36:35 AM Ignore sramroop Report Abuse Expected.....:(