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Ohio Oil/Gas Production Continued Increasing in 2Q

Unconventional oil and natural gas production in Ohio again broke records in the second quarter, according to data released by the state.

Natural gas production from Ohio's Marcellus and Utica shales reached 221.9 Bcf during the period, up from 88 Bcf at the same time last year and 183.6 Bcf in the previous quarter (see Shale Daily, June 1; Sept. 9, 2014). Natural gas liquids are included in the state’s gas reporting totals.

Oil production also continued to rise in the second quarter, with operators reporting more than 5.5 million bbl. That's up from 2.4 million bbl in the year-ago period and 4.4 million bbl in 1Q2015.

The Ohio Department of Natural Resources' (ODNR) second quarter report lists 1,020 horizontal shale wells, of which 978 were producing. That's up 94% from the 504 unconventional wells that were reporting production halfway through 2014. Forty-two wells had no production and were waiting on pipelines, down from the 58 wells that were shut in waiting for takeaway in 2Q2014.

Natural gas production through the first half of this year (1H2015) was up 160% compared to the first six months of last year, while oil production was up 126% over the same period. On average, ODNR said, each well produced 226.9 MMcf of natural gas and 5,704 bbl of oil through 1H2015, up from 176.1 MMcf and 4,904 bbl of oil in 1H2014.

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