Utica oil wells called Ohio’s gold mine
April 19 2015
Despite the recent fall in gas and oil prices, the fracking and drilling exploration of the Utica shale in Ohio is nowhere near stopping. That was the takeaway from six speakers at Utica Upstream, hosted by the Canton Regional Chamber of Commerce and the Shale Directories at Walsh University.
Speakers discussed the status of current oil drilling projects in the U.S., focusing on the Utica and Marcellus shale areas in eastern Ohio and western Pennsylvania.
Most echoed the same thoughts that although the number of oil rigs being built in Ohio is lessening compared to the last few years, production will only increase as the U.S. rises to the number one natural gas producer in the world.
David Kaminski, vice president of public relations for the Canton Regional Chamber of Commerce, said the purpose of the event was to inform the community so that they could find their place in the oil and gas industry.
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