Ohio’s unconventional oil production bounced back in the second quarter, reaching 4.5 million bbl, an 11% increase from the year-ago period, according to data released by the Ohio Department of Natural Resources (ODNR).
Oil volumes were also up from 1Q2018, when they came in at 3.9 million bbl. Oil production has fluctuated over the last several quarters, reflecting a broad shift to dry gas production that occured about two years ago across much of the Appalachian Basin when oil prices were lower. But operators have returned to wetter areas in Ohio and elsewhere in the basin, stoked by higher oil prices.
Unconventional natural gas production, meanwhile, continued to climb, setting a new record. ODNR said. Driven by the Utica Shale, gas production was 554.3 Bcf in the second quarter, up from 389.7 Bcf in the year-ago period and 531.3 Bcf in 1Q2018.
ODNR’s quarterly report listed 2,035 horizontal shale wells, 2,002 of which reported oil and natural gas production. Ohio law does not require separate reporting of natural gas liquids or condensate. Those totals are included in natural gas volumes.
The average amount of oil produced by each well during the second quarter was 2,242 bbl, while the average amount of natural gas produced was 276.9 MMcf. The average number of second quarter days in production was 85.
To date, the state has issued 2,873 Utica Shale permits and 2,402 of those wells have been drilled. That’s compared to the 2,589 Utica permits and 2,104 that were drilled at about the same time last year. Fifty-two Marcellus Shale permits have also been issued to date, while 36 Marcellus wells have been drilled in the state.
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