During the first quarter of 2018, Ohio’s horizontal shale wells produced 3,942,251 barrels of oil and 531,291,017 Mcf (531 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 first quarter of 2018 showed an 42.85% increase over the first quarter of 2017, while oil production decreased by 3.6% for the same period.
2017 Quarter 1 (Shale) 2018 Quarter 1 (Shale) Percentage Change Barrels of oil 4,090,500 bbl 3,942,251 bbl (3.62%) Mcf of natural gas 371,921,659 Mcf 531,291,017 Mcf 42.85%
The ODNR quarterly report lists 1,949 horizontal shale wells, 1,909 of which reported oil and natural gas production during the quarter. Of the wells reporting oil and natural gas results:
All horizontal production reports can be accessed at http://oilandgas.ohiodnr.gov/production.
Ohio law does not require the separate reporting of Natural Gas Liquids (NGLs) or condensate. Oil and gas reporting totals list on the report include NGLs and condensate.We will have our detailed look at the figures coming soon!!
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