Oglebay Resort Profits from NE Shale in a Way You’d Never Guess

The Oglebay Resort & Conference Center by all accounts is a spectacular venue and the perfect place to hold a conference. With 1,700 acres near Wheeling, WV, Oglebay offers 271 rooms, 54 standalone cottages, a spa, indoor pool, jacuzzi, sauna, top notch cuisine and dining…you get the picture. The West Virginia Oil & Natural Gas Association (WVONGA) chose Oglebay to host its first-ever ShaleSafe Conference & Expo, held earlier this week (see a pair of MDN stories about the event in today’s lineup).

The purpose of this story is to highlight how Oglebay is benefiting (profiting!) from the shale drilling industry. Given their great location, in the middle of shale drilling on all sides (SW PA, WV, OH), it’s no surprise that Oglebay is happy to host a number of shale and oil & gas related events. It’s an important new revenue stream for them. With pristine countryside and unparalleled views, with old-growth trees and wildlife frolicking around the 1,700 acres, you would certainly want to protect and maintain it. But wait, what’s this? Oglebay leased their land for drilling in 2009 (gasp) and they now receive royalty checks too? That’s right–and when you visit Oglebay with its pristine countryside and unparalleled views, you’d never know it unless they told you…

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