Mouse Over to Stop Rotation & Read Ad

Friday, August 31, 2018

ODNR Releases 2018 2nd Quarter Utica Shale Production Data

From the ODNR:
During the second quarter of 2018, Ohio’s horizontal shale well produced 4,488,104 barrels of oil and 554,306,916 Mcf (545 billion cubic feet) of natural gas, according to figures released today by the Ohio Department of Natural Resources (ODNR). 
Natural gas production from the second quarter of 2018 showed a 42.25% increase over the second quarter of 2017, while oil production increased 10.98% for the same period. 
2017 Quarter 2 (Shale)2018 Quarter 2 (Shale)Percentage Change
Barrels of oil4,044,072 bbl4,488,104 bbl10.98%
Mcf of natural gas389,662,485 Mcf554,306,916 Mcf42.25%

The ODNR quarterly report lists 2,035 horizontal shale wells, 2,002 of which reported oil and natural gas production during the quarter. Of the wells reporting oil and natural gas results: 
  • The average amount of oil produced was 2,242 barrels.
  • The average amount of natural gas produced was 276,877 Mcf.
  • The average number of second quarter days in production was 85.

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'll have our extensive breakdown of the data available soon!

Connect with us on Facebook and Twitter!

No comments :

Post a Comment

Follow by Email