ODNR Releases 4th Quarter 2015 Utica Shale Production Figures
During the fourth quarter of 2015, Ohio’s horizontal shale wells produced 6,249,116 barrels of oil and 302,505,428 Mcf (303 billion cubic feet) of natural gas, according to figures released today by the Ohio Department of Natural Resources (ODNR). The production totals for the fourth quarter of 2015 increased over the third quarter of 2015 as oil increased by 10 percent while gas increased by almost 25 percent.
Quarterly production in 2015 also shows a fourth quarter horizontal shale well production increase of more than 75 percent for oil and 80 percent for gas from 2014’s fourth quarter totals. Total production for the last two years, with the percent increase in production from 2014 to 2015, can be found below:
Barrels of oil:
Mcf of gas:
The ODNR quarterly report lists 1,265 wells, 1,230 of which reported production. Thirty-five wells reported no production. Of the 1,230 wells reporting production results:
The average amount of oil produced was 5,081 barrels.
The average amount of gas produced was 245,939 Mcf.
The average number of third quarter days in production was 83.