NEWS POSTS

NEWS

  • Drillers Paid $43 Million in Property Taxes to Local Counties

    February 10, 2017

    Martins Ferry Times Leader. From 2011 to 2015, Marcellus and Utica shale frackers paid $43 million in property taxes to six Eastern Ohio counties, while industry leaders expect the amount to reach $250 million by 2026. In 2012, Belmont County received only $5,900 from these ad valorem taxes the [...]

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  • 6 Counties Share $43.7M in Property Taxes from Shale

    February 10, 2017

    Youngstown Business Journal. Ohio’s top six Utica Shale counties collected more than $43.7 million in real estate property taxes on production from 2010-2015, according to a new report by Energy In Depth and the Ohio Oil and Gas Association. The report entitled “The Utica Shale Local Support [...]

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  • Ohio Oil, Gas Drillers Paid $43M in Taxes to Local Governments

    February 10, 2017

    Toledo Blade. Oil-and-gas drillers in Ohio have paid $43 million in property taxes to local governments and schools in six shale counties since 2011, according to a report released Thursday. The finding by the Ohio Oil and Gas Association and Energy In Depth Ohio, a natural-gas research and educ [...]

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  • Eastern Ohio Counties Reap Millions From Oil and Gas

    February 9, 2017

    Zanesville Times Recorder. Real estate taxes on oil and gas reserves are filling the coffers of local governments in eastern Ohio. From 2011 to 2015, oil and gas drillers paid $43 million to local governments in six eastern Ohio counties, and are expected to pay another $250 million between 2016 [...]

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  • Utica Shale Wells Gush Tax Revenue

    February 9, 2017

    Massillon Independent. Oil and natural gas wells have paid almost $44 million in tax revenue in Carroll and five other counties since Utica Shale drilling began in 2010, according to an industry report. Given the growth of oil and natural gas production, another $200 million to $250 million coul [...]

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  • Industry Report Projects Up To $250M In Oil And Gas Property Tax Revenue In Next Decade

    February 9, 2017

    Gongwer News Service Ohio. Oil and gas wells in Ohio have contributed more than $43 million to six counties in property tax revenue over the last five years, according to a new industry-backed study. Those payments were made from 2011-2015 to Belmont, Carroll, Guernsey, Harrison, Monroe and Nobl [...]

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