COLUMBUS – Today, Governor Kasich announced a three-year extension of an agreement initiated in 2015 with West Virginia and Pennsylvania to continue efforts to maximize growth in the shale gas region and collaborate on areas critical to the success of the growing industry.
With the agreement extension through December 31, 2021, the three neighboring states within the Appalachian Basin will continue to discuss ways to cooperate in marketing efforts to attract new businesses, strengthen workforce development programs, spur investments in expanding infrastructure and delivery of natural gas and liquids, and encourage its academic institutions to expand and collaborate on research.
Since entering the agreement in 2015, Ohio’s horizontal shale wells produced an average of 19.2 million barrels of oil and 1.36 trillion cubic feet of natural gas – an increase of 275.5 percent and 619.4 percent, respectively, from the three-year average preceding the agreement. Production of natural gas has increased each consecutive year since 2014.
A copy of the continuation amendment can be viewed here.
A copy of the original agreement can be viewed here.