First Choice Energy

Wednesday, March 4, 2020

Utica Shale Production Data Now Available for 4th Quarter of 2019

From the Ohio Department of Natural Resources:
During the fourth quarter of 2019, Ohio's horizontal shale wells produced 6,803,057 barrels of oil and 684,771,042 Mcf (685 billion cubic feet) of natural gas, according to the figures released today by the Ohio Department of Natural Resources (ODNR). 
Compared to a year ago, oil production increased by 17.08% and natural gas production showed a 3.2% increase over the fourth quarter of 2018. 
 
The ODNR quarterly report lists 2,523 horizontal shale wells, 2,452 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 per well was 2,774 barrels. The average amount of natural gas produced per well was 279,270 Mcf. The average number of third quarter days in production per well was 90. 
All horizontal production reports can be accessed at oilandgas.ohiodnr.gov/production. 
Ohio 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 read the whole release.

Click here to view the spreadsheet containing all of the production data for the quarter. 

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