Wednesday, April 27, 2011

Talk of Oil Industry Returning to Ohio: Just Talk?

This is not the type of article I expect to find at Rigzone. This is very, very interesting.
Most of northwest Ohio's oil is in a geological area known as the Lima-Indiana Field, characterized by Trenton limestone. The first major field discovered in North America, it runs from almost Toledo to Indianapolis.

Few people today may realize Ohio was America's leading oil-producing state from 1895 to 1903.

John D. Rockefeller, the wealthiest man in the world in 1895, got his start in the Cleveland area with Standard Oil Co. in 1870. Ohio moved past its neighbor Pennsylvania, where Col. Edwin L. Drake drilled the world's first commercially successful oil well, at Titusville, on Aug. 27, 1859.
Meridian, a subsidiary of Burlington Resources, was successful in bringing up more oil from that formation using horizontal hydraulic fracking in 1994, but not enough to make it economical. Meridian is a familiar name to those who follow the Bakken in North Dakota.

Updates

September 20, 2017: the linked Rigzone article above is no longer available, but the story is also here.  

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