First Choice Energy

Tuesday, April 9, 2019

Division of Oil and Gas Resources Chief Predicts Utica Drilling Consistency

From the Akron Beacon Journal:
Oil and gas companies have drilled more than 2,500 horizontal shale wells in Ohio, causing the state’s oil and natural gas production to surge. 
Drillers came to Ohio planning to explore the Utica and Marcellus shales beneath the eastern half of the state, but most horizontal drilling — sometimes called fracking — has concentrated in the Utica Shale deposits in counties near the Ohio River. 
In the early days of shale drilling, the average well was 6,000 feet deep and 4,000 feet long. Now, the average well is being drilled 8,500 to 10,000 feet deep and 12,000 feet long; some wells are as long as 20,000 feet, Simmers said. 
Last year, 358 new horizontal shale wells were drilled, according to the Division of Oil and Gas, which is part of the Department of Natural Resources. 
“These numbers, we project, are going to be pretty consistent for the next two years,” Simmers said.
Read on by clicking here. 

No comments:

Post a Comment