Ohio’s oil and gas production sets records

COLUMBUS — During the second quarter of 2015, Ohio’s horizontal shale wells produced 5,578,255 barrels of oil (bbls) and 221,860,169 Mcf (221 billion cubic feet) of natural gas, according to figures released Aug. 27 by the Ohio Department of Natural Resources.

These numbers break the state’s previous production reporting records for the last 100 years.

Production continues to rise, as oil increased by more than 3.1 million barrels and gas by more than 133 billion cubic feet compared to the second quarter of 2014.
In 2014, wells produced 4.4 million bbls of oil during the first and second quarters. During the same period this year, the production grew and 10.01 million bbls of oil were produced which meant a 126 percent increase over last year.

The ODNR is also reported a 160 percent increase in gas production when comparing the first and second quarters of 2014 to 2015. The shale wells produced 156,132,032 Mcf of gas in 2014 and 405,445,420 Mcf of gas in 2015.
These figures represent a 126 percent increase in oil production compared to the first half of last year while natural gas production rose 160 percent.

For further comparison, only 11 million barrels of oil and 450 Mcf of gas were produced in all of 2014.

The new report lists 1,020 wells, 978 of which reported production, an increase of 94 percent from the 504 wells reporting production halfway through 2014.
Forty-two wells reported no production as they are waiting on pipeline infrastructure.

Of the 978 wells reporting production results, a total of 5,704 bbls of oil was produced so far in 2015 compared to 4,904 bbls of oil in the same time period in 2014 which meant an increase of 16 percent over 2014.

During the first two quarters of 2015, In 2014, 176,116 Mcf was produced and in 2015 226,851 Mcf of natural gas was produced, which means an increase of 28 percent from last year.

All horizontal production reports can be accessed at: oilandgas.ohiodnr.gov/production.
Ohio law does not require the separate reporting of Natural Gas Liquids (NGL). Gas reporting totals listed on the report include NGLs.