First Choice Energy

Wednesday, March 13, 2019

ODNR Publishes 4th Quarter 2018 Utica Shale Production Data

From the ODNR:
During the fourth quarter of 2018, Ohio’s horizontal shale wells produced 5,810,484 barrels of oil and 663,534,323 Mcf (663 billion cubic feet) of natural gas, according to figures released today by the Ohio Department of Natural Resources (ODNR). 
Natural gas production from the fourth quarter of 2018 showed a 31.89 percent increase over the fourth quarter of 2017, while oil production increased 38.56 percent for the same period. 

2017 Quarter 4 (Shale)
2018 Quarter 4 (Shale)
Percentage Change
Barrels of oil
4,193,562 bbl
5,810,484 bbl
38.56%
Mcf of natural gas
503,066,907 Mcf
663,534,323 Mcf
31.89%
The ODNR quarterly report lists 2,575 horizontal shale wells, 2,241 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 2,593 barrels.
  • The average amount of natural gas produced was 296,088 Mcf.
  • The average number of fourth quarter days in production was 86.
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All horizontal production reports can be accessed at oilandgas.ohiodnr.gov/production.
We will have our breakdown of the data ready soon!

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