These staggering numbers do not even include the $3.1 billion spent on the equipment and crews that do the drilling. That investment generates jobs and tax receipts from the workers who are collecting paychecks and buying goods and services in the region to support their operations. These workers have pulled some 3 trillion cubic feet of natural gas and operations are continuing to expand as pipeline infrastructure expands and improves the ability of producers to get their gas to market.
The Lancaster Online also reported recently on how much natural gas from the Marcellus Shale has helped Lancaster County, which is not a major drilling area. The county has received nearly $6.2 million in funds from natural gas impact taxes that were put in place statewide in 2012. That money has been spent to replace one bridge and make upgrades to two others, and that has only taken up about half of the money. The county may use the rest to make additional bridge repairs and replace the roof on a city building.
The wealth from the boom in natural gas drilling throughout Pennsylvania, Ohio, and West Virginia really has lifted all boats. Companies operating in the area need to know that that can obtain land rights at reasonable rates yet ensure that landowners are happy. Cimmaron Land has been a leader in the region throughout the recent boom and we have the experts in place to ensure smooth operations.