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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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tcohio Champion Author Dayton Posts:2,707 Points:807,970 Joined:Oct 2008	Message Posted: Apr 25, 2012 8:03:02 AM Ignore tcohio Report Abuse could be a major benefit for ohio... if it's continued.
AcuraTSX Champion Author Ohio Posts:5,489 Points:2,181,155 Joined:Dec 2005	Message Posted: Apr 25, 2012 8:01:13 AM Ignore AcuraTSX Report Abuse Drilling creates a stir. OK.
Wolfwings Champion Author Delaware Posts:8,735 Points:1,775,490 Joined:May 2004	Message Posted: Apr 25, 2012 8:00:50 AM Ignore Wolfwings Report Abuse Kinda LOCAL news, isn't it?
95Vette Champion Author Missouri Posts:2,520 Points:631,680 Joined:Sep 2005	Message Posted: Apr 25, 2012 8:00:16 AM Ignore 95Vette Report Abuse I am sure Ohio is happy.. maybe not.
Hop1LA Champion Author Baton Rouge Posts:3,309 Points:1,175,520 Joined:Apr 2008	Message Posted: Apr 25, 2012 7:57:48 AM Ignore Hop1LA Report Abuse Not everyone is going to get rich from fracking, some people will just get bad water.
dad2two Champion Author Dallas Posts:3,538 Points:749,420 Joined:May 2010	Message Posted: Apr 25, 2012 7:56:38 AM Ignore dad2two Report Abuse Sounds good for the people who will benefit.
Ticobird Champion Author Huntsville Posts:3,226 Points:1,115,040 Joined:Oct 2009	Message Posted: Apr 25, 2012 7:56:02 AM Ignore Ticobird Report Abuse Good news. I hope those people are ready for oil production development problems. They would be well served to get out in front of this development and debate/enact all of the zoning and regulatory problems before there is a time crunch which always produces many unhappy people.
db60 All-Star Author Indiana Posts:982 Points:211,255 Joined:Oct 2011	Message Posted: Apr 25, 2012 7:55:11 AM Ignore db60 Report Abuse OK. Good post.
ibhenry Champion Author San Diego Posts:1,536 Points:457,195 Joined:Jun 2011	Message Posted: Apr 25, 2012 7:54:11 AM Ignore ibhenry Report Abuse Good for Ohio!
commins Champion Author Riverside Posts:1,993 Points:1,054,955 Joined:Feb 2009	Message Posted: Apr 25, 2012 7:54:00 AM Ignore commins Report Abuse Oh my!
orcar Champion Author Boise Posts:2,053 Points:776,790 Joined:Jun 2010	Message Posted: Apr 25, 2012 7:52:18 AM Ignore orcar Report Abuse Ok.
rampower80 Champion Author Kentucky Posts:2,039 Points:460,940 Joined:Jan 2012	Message Posted: Apr 25, 2012 7:51:48 AM Ignore rampower80 Report Abuse Good news Ohio.
WhiteTreeIndian Champion Author New Jersey Posts:5,649 Points:1,121,135 Joined:Dec 2009	Message Posted: Apr 25, 2012 7:51:23 AM Ignore WhiteTreeIndian Report Abuse At first I thought it was NIMBYism, lol.
MJIOWA Champion Author Iowa Posts:4,818 Points:1,076,970 Joined:Nov 2009	Message Posted: Apr 25, 2012 7:51:10 AM Ignore MJIOWA Report Abuse drill drill drill
madison8359 Champion Author Cleveland Posts:9,014 Points:1,592,320 Joined:Apr 2008	Message Posted: Apr 25, 2012 7:50:58 AM Ignore madison8359 Report Abuse All that glitters is not gold, beware of snakeoil salespeople.
kjSC Champion Author South Carolina Posts:3,377 Points:681,375 Joined:Apr 2011	Message Posted: Apr 25, 2012 7:50:08 AM Ignore kjSC Report Abuse No surprise at all.
JXD Champion Author Kitchener-Waterloo Posts:1,284 Points:1,060,735 Joined:Jun 2007	Message Posted: Apr 25, 2012 7:50:03 AM Ignore JXD Report Abuse Ok, now what?
MRHONEST Champion Author Illinois Posts:2,212 Points:1,675,680 Joined:May 2007	Message Posted: Apr 25, 2012 7:49:49 AM Ignore MRHONEST Report Abuse What a dilemma!
paulp24 Champion Author Harrisburg Posts:4,532 Points:821,350 Joined:Dec 2010	Message Posted: Apr 25, 2012 7:49:47 AM Ignore paulp24 Report Abuse ok
Rick01 Champion Author Utah Posts:9,013 Points:2,361,600 Joined:Sep 2005	Message Posted: Apr 25, 2012 7:48:47 AM Ignore Rick01 Report Abuse And when all the bedrock is turned into sand then what?
dlzastera Champion Author Minnesota Posts:4,505 Points:1,022,370 Joined:Mar 2006	Message Posted: Apr 25, 2012 7:47:28 AM Ignore dlzastera Report Abuse Shhhh, don't tell this info to Obama.
calripken_8 Champion Author Virginia Posts:2,896 Points:658,215 Joined:Jun 2011	Message Posted: Apr 25, 2012 7:46:43 AM Ignore calripken_8 Report Abuse Too bad unions are still pretty prevalent in Ohio, gonna jack this all up.
DimitrisIL Champion Author Chicago Posts:1,500 Points:522,705 Joined:Feb 2011	Message Posted: Apr 25, 2012 7:46:20 AM Ignore DimitrisIL Report Abuse Yes
nehemiah Champion Author Portland Posts:4,756 Points:929,640 Joined:Jul 2007	Message Posted: Apr 25, 2012 7:46:11 AM Ignore nehemiah Report Abuse we need more alternatives than drilling
doctorindyj Champion Author Santa Fe Posts:3,448 Points:839,585 Joined:Nov 2009	Message Posted: Apr 25, 2012 7:45:42 AM Ignore doctorindyj Report Abuse meh.
bluetatanka Champion Author Philadelphia Posts:55,901 Points:780,855 Joined:Mar 2011	Message Posted: Apr 25, 2012 7:45:39 AM Ignore bluetatanka Report Abuse Good for them!
GrumpyCat Champion Author Alabama Posts:2,606 Points:788,810 Joined:Jun 2009	Message Posted: Apr 25, 2012 7:44:42 AM Ignore GrumpyCat Report Abuse Good for Ohio, if only their unions and government doesn't choke these prospects to death.
grammamNV Champion Author Nevada Posts:2,335 Points:372,425 Joined:Mar 2011	Message Posted: Apr 25, 2012 7:43:47 AM Ignore grammamNV Report Abuse go for it
BlueVanGroup Champion Author Colorado Posts:7,202 Points:1,527,580 Joined:May 2008	Message Posted: Apr 25, 2012 7:42:33 AM Ignore BlueVanGroup Report Abuse "Records show landowners can get signing bonuses of up to $5,800 an acre plus royalties as high as 21 percent on what's produced by wells. The average leasing bonus in Ohio is about $2,500 an acre." -------- Better than anything the federal government has done to help those people.
bigoilscamsus Champion Author Lansing Posts:1,058 Points:48,265 Joined:Nov 2011	Message Posted: Apr 25, 2012 7:42:11 AM Ignore bigoilscamsus Report Abuse Protest high gas prices!! Picket the 15 highest priced gas stations in your area!! Join the protest at the WALK ON WASHINGTON and at all the other State Capitals on Friday June 1st 2012!! Bring your protest signs and let Big Oil know what you think of the obscene profits that Big Oil extorts from the American consumer!!
GoLancer4 Champion Author Ohio Posts:1,787 Points:439,265 Joined:Sep 2011	Message Posted: Apr 25, 2012 7:42:09 AM Ignore GoLancer4 Report Abuse uh huh
mackconsult Champion Author Portland Posts:5,309 Points:864,355 Joined:Jan 2009	Message Posted: Apr 25, 2012 7:41:55 AM Ignore mackconsult Report Abuse there will always be conflicts around black good
Don20 Champion Author Oklahoma City Posts:9,667 Points:2,618,655 Joined:Mar 2005	Message Posted: Apr 25, 2012 7:40:08 AM Ignore Don20 Report Abuse Go where the money takes you....
radstoy Champion Author Pennsylvania Posts:16,459 Points:3,220,705 Joined:Feb 2003	Message Posted: Apr 25, 2012 7:39:10 AM Ignore radstoy Report Abuse drill baby drill
Susieq60 All-Star Author Columbus Posts:969 Points:128,915 Joined:Sep 2011	Message Posted: Apr 25, 2012 7:38:53 AM Ignore Susieq60 Report Abuse But when you consider the damage done to the property and environment....
twiper1 Champion Author San Diego Posts:7,827 Points:1,605,085 Joined:Oct 2008	Message Posted: Apr 25, 2012 7:38:30 AM Ignore twiper1 Report Abuse Hope its a good thing
photobuddy Champion Author Washington Posts:1,620 Points:370,255 Joined:Feb 2012	Message Posted: Apr 25, 2012 7:38:24 AM Ignore photobuddy Report Abuse sounds a little late to buy land in eastern Ohio
Car54BC08 Champion Author British Columbia Posts:4,249 Points:1,509,365 Joined:Jun 2008	Message Posted: Apr 25, 2012 7:37:35 AM Ignore Car54BC08 Report Abuse Private citizens hoping to get as rich as their politicians!
Teamy Sophomore Author Miami Posts:109 Points:520,960 Joined:Mar 2011	Message Posted: Apr 25, 2012 7:37:02 AM Ignore Teamy Report Abuse I would like to learn a little more about this.
Taurus1 Champion Author Ohio Posts:3,125 Points:1,673,500 Joined:Apr 2006	Message Posted: Apr 25, 2012 7:36:58 AM Ignore Taurus1 Report Abuse We'll have polluted ground water.
mysub Champion Author Las Vegas Posts:8,906 Points:2,329,490 Joined:Apr 2006	Message Posted: Apr 25, 2012 7:36:31 AM Ignore mysub Report Abuse pnivens, I'm with you.
radstoy Champion Author Pennsylvania Posts:16,459 Points:3,220,705 Joined:Feb 2003	Message Posted: Apr 25, 2012 7:36:28 AM Ignore radstoy Report Abuse drill baby drill, build the pipeline,
garyr86 Champion Author Michigan Posts:1,998 Points:604,215 Joined:Dec 2010	Message Posted: Apr 25, 2012 7:36:14 AM Ignore garyr86 Report Abuse Might be a future windfall for some land owners. Be careful that you don't sign to early.
Sam195 Champion Author San Bernardino Posts:8,085 Points:1,574,100 Joined:Oct 2008	Message Posted: Apr 25, 2012 7:35:03 AM Ignore Sam195 Report Abuse Just don't drink the water.
cmsense Champion Author Columbus Posts:1,358 Points:165,345 Joined:Jan 2012	Message Posted: Apr 25, 2012 7:33:29 AM Ignore cmsense Report Abuse For the guy from Waco who thinks Ohio does a pretty good job of restoring the land-YOUR MISINFORMED.Take a ride around Harrison Co. Ohio and tell me how Ohio restored the land after strip mines raped the Co.Also, this article fails to indicate those royalties won't flow until the wells produce, and since NG is almost bottomed out in price, these wells made not be drilled nor produce an ounce of NG for a period of time.
knutzAL Champion Author Alabama Posts:2,248 Points:372,680 Joined:Feb 2012	Message Posted: Apr 25, 2012 7:32:54 AM Ignore knutzAL Report Abuse Been drillin for 75 years, exploring. They oil companies come around to different areas of the country that have a possibility. They lease for testing large tracts of land. My expierence leads me to beleive that less than 10% of this leads to actual drilling. Just sayin.....
pnivens Veteran Author Georgia Posts:426 Points:436,515 Joined:Oct 2011	Message Posted: Apr 25, 2012 7:32:51 AM Ignore pnivens Report Abuse I'd let them drill on my property for that kind of money for sure.
lonewolfhead Champion Author Texas Posts:1,646 Points:561,015 Joined:Aug 2011	Message Posted: Apr 25, 2012 7:32:24 AM Ignore lonewolfhead Report Abuse OK
humblepie Champion Author Toledo Posts:34,191 Points:2,371,370 Joined:Mar 2006	Message Posted: Apr 25, 2012 7:32:23 AM Ignore humblepie Report Abuse in this economy, its like hitting the lottery some may even hit it big, others not so much. and our governor will insist on land repair and safety.
Diesel_Ram Champion Author Dallas Posts:6,497 Points:1,517,485 Joined:Jan 2009	Message Posted: Apr 25, 2012 7:31:20 AM Ignore Diesel_Ram Report Abuse To many, Not in my back yard.....
Zeke33 Champion Author New Hampshire Posts:5,573 Points:1,615,085 Joined:Sep 2005	Message Posted: Apr 25, 2012 7:30:32 AM Ignore Zeke33 Report Abuse That ought to wake up the tree huggers.