Shale gas and oil production in Ohio: The numbers tell the story
Post Date: 27 Feb 2015 Viewed: 287
Gas and oil production from wells drilled horizontally in Ohio's Utica shale industry increased in the last three months of 2014.
Here are the average production numbers for the last quarter of of the year, as compiled by the Ohio Department of Natural Resources:
• 4,568 barrels: average amount of oil produced per well
• 211.6 million cubic feet: average amount of gas produced per well
• 80 days: average number of production days
Overall, 779 of 828 drilled shale wells produced 3,558,836 barrels of oil and 164,815,008 Mcf (164 billion cubic feet) of natural gas during the final quarter of 2014, the agency said in a report released Wednesday. The other 49 wells were idle waiting for pipelines to be built.
In the same quarter of 2013, there were 352 horizontal wells drilled into Ohio's shale. Overall, they produced 1,439,209 barrels of oil and 43,124,516 Mcf (43 billion cubic feet) of natural gas.
The department also compared the last quarter of 2014 with the third quarter of the year in an effort to show the acceleration of production.
Oil production over the two quarters increased by more than 545,000 barrels and gas by more than 33 billion cubic feet, the department said.
In a year-over-year comparison, the state analysis found that oil production increased by 200 percent and gas by 350 percent from 2013 to 2014.