Shale Successes and Surprises

Development of the Marcellus Shale has benefitted West Virginians in communities and businesses across the state.   Read some local success stories and you'll be pleasantly surprised at some of the individuals and businesses that are benefitting from Marcellus natural gas production:

  • Marcellus Shale production has fueled a growth in overall natural gas production in the state, which could cause tax revenues from natural gas production to double in the next five years (Charleston Daily Mail).
  • Marcellus Shale production is fueling an economic boom in Marshall County, WV (Charleston Gazette).  The newspaper reports that, “the gas-drilling boom is creating an economic upswing throughout the community.  Despite the recession, Marshall County is doing better than most counties in the state. It is now the No. 2 coal-producing county in West Virginia. It's also become a big draw for gas companies looking to tap the natural gas in Marcellus shale deep underground.”
  • “Chesapeake Energy Corp., which once predicted that each Marcellus well would yield 3.5 billion cubic feet of gas over their productive life, now estimates they will produce more than 7 billion cubic feet,” reports the Charleston Daily Mail.


Do you have a success story to share?  Contact us and let us know how the Marcellus Shale has benefitted you or your community!

RELATED NEWS

3 Industries Thriving From Record-Low Natural Gas Prices

Low natural gas prices aren't bad for everyone. A few other industries are seeing enormous boosts with cheap, readily available natural gas.  

Cracker Plant Battle Heats Up; Ohio, W.Va. Offer Up Tax Incentives

A multibillion-dollar ethane cracker plant would bring hundreds of direct chemical jobs to West Virginia or Ohio and up to seven times as many related jobs, which has both states offering large tax incentives for the plant.