HELPING LANDOWNERS NAVIGATE THE SHALE GAS BOOM
Extension Education
Mike Hogan
Extension Educator & Associate Professor
The Ohio State University
Columbus
Abstract
\r\n In less than a year, landowners in Eastern Ohio have received billions to lease their land for production of oil and natural gas from shale deposits beneath their land. In the coming years, many more billions will flow to these landowners in the form of royalties for the oil and gas extracted from their land. While this infusion of cash has been beneficial, these families needed a wide range of new knowledge and skills to help them make sound decisions that will affect their families and their heirs for generations. Additionally, communities and public officials also needed to learn how to address a wide range of community infrastructure issues. A comprehensive educational program for landowners, communities, and public officials was developed to meet these educational needs. These educational programs have reached thousands of individuals who own hundreds of thousands of acres. Participants reported that they received higher lease payments and increased their knowledge as a result of participating in the workshops.
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Poster has NOT been presented at any previous NACAA AM/PIC
This poster is being submitted for judging. It will be displayed at the AM/PIC if not selected as a State winner. The abstract will be published in the proceedings.
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Authors: M.P. Hogan, M.A. Landefeld, R.C. Little, C.D. Penrose
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Hogan, M. Extension Educator, Ohio State University Extension, Ohio, 43953
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Landefeld, M. Extension Educator, Ohio State University Extension, Ohio, 43793
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Little, R. Extension Educator, Ohio State University Extension, Ohio, 43768
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Penrose, C. Extension Educator, Ohio State University Extension, Ohio, 43756