Thursday, December 13, 2012

Companies Investing Heavily in Natural Gas in Ohio

Link here to Ohio.com.
A shale boom is under way in Ohio. Land has been leased. Nearly 190 wells have been drilled. Natural gas, oil and other liquids are being pumped from the liquid-rich Utica formation deep underground.
Now, Ohio is looking at billions of dollars invested in processing plants, pipelines and compression facilities — so-called “midstream projects” — to get those commodities to market.
Seven processing-separation plants for natural gas plus liquids and four pipeline networks are under construction in eastern Ohio. Their price tag, in excess of $7.2 billion, does not include interim facilities also starting to pop up in Ohio.

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