GonzOil Inc

GonzOil began exploring for oil and natural gas in 1988 and now operates wells throughout eastern Ohio. The companys offices are in Canton, Ohio.  GonzOils oil and gas activities are limited to the state of Ohio. Anyone looking for oil and gas information outside of Ohio should contact their states Department of Natural Resources or their states Oil and Gas Trade Association.  In addition to drilling new wells, GonzOil is one of the largest oil and gas well plugging contractors in Ohio. GonzOils well plugging expertise has been used by the Ohio Department of Natural Resources, the Ohio Department of Transportation, the Ohio Turnpike Commission. GonzOil also has plugged wells for Cuyahoga County Metroparks, MetroParks Summit County, and Federal Bureau of Land Management.  In the 25 years since its founding, GonzOil has expanded its skills to cover most oilfield work: clearing and grubbing, site work, oil field deconstruction and well site restoration.  In 2012, GonzOil was one of the top 10 oil producers and one of the top 25 natural gas producers in Ohio.  GonzOil maintains a performance bond with the Ohio Division of Oil and Gas Resources Management that enables the company to operate oil and gas wells in Ohio. The company also carries $3,000,000 of general liability insurance.

The summary states that during 2012 Ohio producers

• Were issued 1,825 new Ohio drilling permits.
• Have 64,570 wells in operation.
• Are 5,836 registered well owners.
• Drilled an estimated 553 oil and natural gas wells in 44 of Ohios 88 counties.
• During 2012, Ohio produced over 4.9 million barrels of crude oil. Crude oil production averaged 13,628 barrels a day in Ohio.
• During 2012, Ohio produced over 86 billion cubic feet (bcf) of natural gas. Natural gas production averaged 237,726 Mcf a day in Ohio.
• Had a combined market value of crude oil and natural gas production of over $706 million during 2012.