Ohio drilling boom

Drillling rig in northeast Ohio
Tim Rudell / WKSU

Ohio’s oil and gas drilling boom started in 2010, peaked in 2013 and has been fading since then.  Now there are signs it may be picking up again. 

Larry Hecht runs Pier-48 on the Ohio River.  It’s an intermodal terminal for loading and off-loading barges.

At the height of the shale boom it got 25 bulk shipments of drilling supplies like barite a month. Then came the bust, and that traffic stopped.

Utica Shale Drillling RIg
Tim Rudell / WKSU

How much has shale drilling meant to Ohio’s economy? A new report by researchers from Cleveland State and Youngstown State universities says more than $50 billion since 2011.   

The study, led by Andrew Thomas of Cleveland State, used government and industry data to determine how much has been invested in developing Ohio’s Utica shale.

But he says that’s only part of the picture.