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Friday, March 9, 2018

ODNR Releases Utica Shale Production Data From Quarter 4 of 2017

From an ODNR press release:
During the fourth quarter of 2017, Ohio’s horizontal shale wells produced 4,193,562 barrels of oil and 503,066,907 Mcf (503 billion cubic feet) of natural gas, according to the figures released today by the Ohio Department of Natural Resources (ODNR). 

2016 Quarter 4 (Shale)
2017 Quarter 4 (Shale)
Percentage Change
Barrels of Oil
3,605,185 bbl
4,193,562 bbl
Mcf of Natural Gas
363,502,758 Mcf
503,066,907 Mcf
 Total production for the last two years, with the percent change in production for 2016 to 2017, can be found below: 

2016 Shale
2017 Shale
Percentage Change
Barrels of Oil
18,015,346 bbl
16,350,040 bbl
Mcf of Natural Gas
1,388,656,313 Mcf
1,725,495,877 Mcf
 The ODNR quarterly report lists 1,897 horizontal shale wells, 1,869 of which reported oil and natural gas production during the quarter. Of the 1,869 reporting oil and natural gas results: 
  • The average amount of oil produced was 2,244 barrels.
  • The average amount of natural gas produced was 269,164 Mcf.
  • The average number of fourth quarter days in production was 88.
 All horizontal production reports can be accessed at law does not require the separate reporting of Natural Gas Liquids (NGLs) or condensate. Oil and gas reporting totals listed on the report include NGLs and condensate.
Click here to view the release.

We'll have our breakdown of the data posted soon!

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