|2015 QUARTER 1 (SHALE)||2016 QUARTER 1 (SHALE)||INCREASE|
|Barrels of oil:||4,432,188||5,485,854||24%|
|Mcf of gas:||183,585,251||329,537,838||80%|
We will break down the data in our typical fashion in a later post, but a couple of quick notes: for the first time since the Utica shale boom started, oil production declined from the previous quarterly report. In the 4th quarter of 2015 there were 6,249,116 barrels of oil produced. Natural gas production did increase from the previous quarter.
Stay tuned for an in-depth look at the numbers tomorrow!
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