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ODNR Publishes 4th Quarter 2018 Utica Shale Production Data
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)
Barrels of oil
Mcf of natural gas
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.
Chesapeake Energy continues to see its legal battles compound over its royalty-payment practices. Already facing lawsuits in several different states and having been subpoenaed by the U.S. Department of Justice, StateImpact Pennsylvania reports that another government outfit is taking a legal interest in the company's royalty payment strategies: Chesapeake Energy has been subpoenaed by the U.S. Postal service, seeking information on its royalty practices, according to a regulatory filing. As StateImpact Pennsylvania has previously reported , the Oklahoma City-based driller faces a slew of disputes and complaints over how it pays royalties. We've posted articles in the past that looked at some of the questionable practices that Chesapeake has employed to reduce the amount of royalties it pays out to landowners. As a quick refresher, note how ProPublica reporter Abrahm Lustgarten shared some of the details in an article which we shared here on The Daily Digger in March