Ohio shale outlook


BY R. BROCK PRONKO
Regional Business Analyst

In early 2012, when natural gas prices hit a 10-year low of $2.27 per million British thermal units and oil prices topped $105 per barrel, oil & gas operators followed the money trail and pulled rigs from the Marcellus and moved them to Ohio to explore Utica shale for oil and added-value wet gas.

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