Unconventional natural gas production in Ohio exceeded 2 Tcf for the first time last year, as volumes set another record in the fourth quarter, according to new state data.
Articles from Odnr
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).
Ohio’s unconventional natural gas production continued its upward climb in the first quarter, jumping more than 40% year/year (y/y) and setting a new state record at 531.3 Bcf.
Ohio’s local collection of the taxes producers pay on their oil and natural gas reserves has changed slightly in a move that could mean increased burdens for some producers that contest the value of their assets and the taxes they must pay on them.
For the first time since it began tracking quarterly production data in early 2014, the Ohio Department of Natural Resources (ODNR) reported late Friday a sequential drop in first quarter oil production statewide, reflecting the commodities downturn and a shift to better economics in the Utica Shale’s dry gas window.
An Ohio lawmaker from Belmont County, which has been transformed in recent years by heavy Utica Shale development, has introduced legislation that would direct more oil and gas severance tax revenues to communities most affected by drilling.
A semi-truck hauling oil and natural gas wastewater through Southeast Ohio left the road and crashed into a field, spilling 5,000 gallons of the fluid into a stream that empties into a drinking water reservoir, state regulators said Thursday.
Ohio’s horizontal Utica and Marcellus shale wells continued to set records in the fourth quarter, when operators reported producing 303 Bcf of natural gas and more than 6.2 million bbl of oil, according to data released Wednesday by the Ohio Department of Natural Resources (ODNR).
Ohio’s Utica Shale is likely to soon surpass another key milestone, with the state reporting that it is just three shy of having issued 2,000 horizontal drilling permits for the play, where nearly 1,000 wells are producing.
The Ohio Department of Natural Resources (ODNR) on Thursday implemented new rules for the construction of horizontal well pad sites that require operators to submit detailed plans that must be certified by a professional engineer and reviewed by state regulators.