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Tuesday, September 5, 2017

ODNR Releases 2nd Quarter 2017 Utica Shale Production Data

From an ODNR press release:
During the second quarter of 2017, Ohio’s horizontal shale wells produced 4,044,072 barrels of oil and 388,560,451 Mcf (388 billion cubic feet) of natural gas, according to the figures released today by the Ohio Department of Natural Resources (ODNR). Natural gas production from the second quarter of 2017 showed an increase over the second quarter of 2016, while oil production was reduced for that same period. 
 2016 Quarter 2 (Shale)2017 Quarter 2 (Shale)Percentage Change
Barrels of oil4,878,4094,044,072(17.10%)
Mcf of natural gas334,431,020388,560,45116.18%

The ODNR quarterly report lists 1,691 horizontal shale wells, 1,659 of which reported oil and natural gas production during the quarter. Of the 1,659 reporting oil and natural gas results:
  • The average amount of oil produced was 2,438 barrels.
  • The average amount of gas produced was 234,214 Mcf.
  • The average number of first quarter days in production was 85.

All horizontal production reports can be accessed at http://oilandgas.ohiodnr.gov/production.
We will release our more extensive breakdown of the data as soon as we have it ready.  Stay tuned!

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