The Ohio Oil and Gas Association (OOGA) and Energy In Depth (EID) Ohio announce the findings of an analysis of road improvements made by Ohio’s oil and gas operators through the Road Usage Maintenance Agreement (RUMA), in its second report in The Utica Shale Local Support Series: Ohio’s Oil & Gas Industry Road Improvement Payments.
In total, the upstream oil and natural gas industry has spent more than $300 million in eight Ohio counties from 2011 to the first quarter of 2017, and improved more than 630 miles of roads from these investments alone. This report takes a closer look at the history and execution of these agreements within eight counties spanning from 2011 to 2017: Belmont, Carroll, Columbiana, Guernsey, Jefferson, Harrison, Monroe and Noble. This report is the second of its kind in an on-going Utica Shale Local Support Series between OOGA and EID Ohio that collectively examine multiple ways in which oil and natural gas production directly benefits local schools, counties, townships, cities, villages and other vital local services and infrastructure.
Key Findings For Ohio Shale Counties:
· Total Investment Made in Ohio Infrastructure: More Than $300 Million
· Total Number of Road Miles Improved: More Than 630 Miles
· Amount of Investment Directly to Local Communities: 100 Percent
Earlier this year the first report was released, which found Ohio’s oil and gas operators contributed more than $43 million dollars in six counties over five years, as a result of property taxes paid on crude oil and natural gas production. An addendum with two additional counties was added to the release report to include both Columbiana and Jefferson Counties pushing the Ad Valorem contributed number to $45 million. Combined, these two reports find the oil and gas industry has contributed more than $345 million in direct investment into counties where drilling and production of oil and natural gas from the state’s shale resources is occurring.