Oil & Gas
Proximity, supply chain, and customer access fuel growth-oriented oil-and-gas-related businesses.
The Northeast Ohio Region’s oil & gas industry is more resourceful than most.
The oil and gas industry grew 525% in Northeast Ohio between 2007 and 2019. The Northeast Ohio region is ideally situated near large oil and gas deposits in the Marcellus and Utica Point Pleasant Shale formations. The proximity to lucrative natural gas liquids (NGLs) in these formations, coupled with the strength of the region’s supply chain and outstanding access to customers, makes Northeast Ohio an ideal location for growth-oriented oil-and-gas-related businesses.
Ohio produces more than 4.2 billion cubic feet of natural gas per day. From 2011 – 2016, approximately $51 billion was invested in building out Ohio’s shale value chain. As a result, both job growth and investments continue to gain momentum as domestic and global demand for natural gas, NGLs, and other end products continue to rise. Ohio’s shale and petrochemical production is driving investment and helping other industries grow.
Going the way of the dinosaur? Quite the opposite.
The Northeast Ohio Region’s manufacturing legacy is undeniable – anThe Northeast Ohio Region’s oil & gas industry has dramatically expanded over the past 15 years.
525% industry growth between 2007 and 2019
4.2 billion cubic feet of natural gas produced in Ohio per day
30 times higher natural gas output in 2020 than 2010 (Ohio)
Top 10 state for ethanol production and crude oil refining
$51 billion invested in the last decade to build out Ohio’s shale value chain
North Jackson – McCluggage
A rectangle-shaped 92-acre site on three parcels for sale by a private owner, this property is half wooded and half farm land. Currently zoned as agricultural, the site sits along a divided access road between two industrial areas.
Nelson Sand & Gravel
The Nelson Sand & Gravel site, located halfway between Cleveland, OH and Erie, PA, is approximately 94 acres that can be subdivided as needed and is owned by a single owner.
Louisville Industrial Park
This site was home to the former Chesapeake/Encino Energy Corp office. It has over 170 contiguous, developable acres expandable up to 261 acres.
JAB Property, Ashtabula
The JAB property, located on just over 80 acres of publicly owned land in Ashtabula, is a prime site for industrial development.
Cuyahoga Valley Industrial Center
The Cuyahoga Valley Industrial Center is adjacent to I-77.
Colleges, universities, and education providers offering oil & gas related areas of study.
Oil & Gas Workforce Data
Top 10 Oil & Gas Employers in Northeast Ohio
|Dominion Energy Ohio||1,398|
|The East Ohio Gas Company||1,113|
|BP Oil Pipeline Company||676|
|Columbia Gas of Ohio, Inc||300|
|Santmyer Oil Co.||205|
|U S Weatherford L P||199|
|Great Lakes Petroleum Co.||100|
|Rosebud Mining Company||80|
Top 10 Oil & Gas Occupations in Northeast Ohio
|Occupation||Employed in Industry|
|Electrical Power-Line Installers and Repairers||751|
|Operating Engineers and Other Construction Equipment Operators||650|
|First-Line Supervisors of Construction Trades and Extraction Workers||346|
|Nuclear Power Reactor Operators||341|
|Customer Service Representatives||336|
|Meter Readers, Utilities||287|
|First-Line Supervisors of Mechanics, Installers, and Repairers||256|
|Office Clerks, General||239|
|Telecommunications Line Installers and Repairers||231|
R.W. Beckett Corporation
North America’s leading manufacturer of oil combustion products used in home heating will move assets to North Ridgeville, Ohio.