Matheson Valley Benefitting From Utica Shale

Energy In Depth's Shawn tells the succes story of Matheson Valley:

"Matheson Tri-Gas Inc. (dba Matheson Valley), an establishment that has been in the Ohio Valley for over 85 years, has seen a lot of customers throughout its long history.  The company has serviced the steel industry, power plants, chemical plants, welding and fabrication shops, hospitals and other businesses throughout the area.  Now, thanks to increased shale development in the region, Matheson Valley is now servicing a new industry that has helped keep the company pretty busy over the past couple of years and will for many years to come: the oil and gas industry.

During the steel mill heydays, Matheson Valley serviced a lot of the welding equipment and supplied much of the welding gas to the industry.  There was no shortage of work, as many of you might know, because the Ohio Valley was the epicenter of the steel industry.  As the steel industry began to slow down in the 80s and 90s, however, Matheson Valley began to diversify.  They began to focus more on supplying both residential and industrial propane, as well as medical gases to hospitals in the area.  They also focused on in-house welder repairs and safety supplies for the welding industry, a trade that was indeed very important for families in the valley.

A couple of years ago, customers from the oil and gas industry — needing equipment repair, welding supplies, and cylinder gases — started coming to Matheson Valley.  Since that time, the Utica Shale has continued to grow, which in turn has increased business for the company.  Pipeliners have found a one-stop shop for buying supplies, gases, and safety gear, while also dropping off their welding equipment to be repaired.

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People working on the rigs and pipelines aren’t the only people the company is supplying, either.  Matheson Valley is also working with a lot of the contractors for the processing plants that are being built throughout the region, and they also supply a lot of the fabrication shops that have been tapped to construct some of the specialty steel work for the plants. It is estimated that over $7 billion will be spent on pipeline infrastructure and processing plants in eastern Ohio, meaning there will be no shortage of work for some time."

READ THE REST: http://www.eidohio.org/matheson-valley-benefitting-from-utica-shale/

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