SALEM, Ohio — The Ohio Department of Natural Resources released oil and gas production figures for the second quarter of 2014, and the numbers show the Utica shale is performing better each quarter as new wells come online.
Results
The shale wells in Ohio produced over 2.4 million barrels of oil and 86.8 Mcf Mmcf (million cubic feet) of natural gas. According to the ODNR numbers released Sept. 8, that represents a 30 percent increase from the first quarter.
The production report listed 562 Utica shale wells, with 504 of those wells reporting some type of production. The other 58 wells are awaiting pipeline infrastructure construction and are not able to start producing.
The ODNR report states the average well production stood at 4,895 barrels of oil and 175.93 Mcf of natural gas.
Utica sweet spot
The highest producing natural gas well was the Hall Drilling “Hercher North” well in Monroe County at 1.4 billion cubic feet during 91 days of production.
The ODNR reported the highest producing oil well was in Noble County. The Antero Resources “Myron” well produced 78,309 barrels of oil in 91 days of production.
In Guernsey County, the Karen well drilled by Gulfport Energy produced 247.7 mcf during the second quarter, according to the ODNR.
In Harrison County where drilling appears to be moving forward fast, the Family well was the leader in gas production. Drilled by Gulfport Energy, it produced 1.071 Bcf.
In Carroll County, where Chesapeake Exploration is the prominent driller, the Evans well is leading the way, producing 679.9 mcf of gas during the 91 days it was in production in the second quarter, according to the ODNR production report.
In Columbiana County, the Dye well is leading the way. It is a Chesapeake Exploration well and produced 526.4 mcf of gas in 90 days of production.
Chesapeake Energy is leading the drilling in Jefferson County with its Booth well, which produced 445.9 mcf of natural gas during 91 days of production.
Earthquake
In Mahoning County, the wells at the carbon limestone landfill in Poland Township owned by Hilcorp Energy Co. are proving to be the best in both Trumbull and Mahoning counties.
One well at the site produced 134.9 mcf of gas during the second quarter, according to the ODNR production report.
Drilling was stopped in March at the site of the seven wells because a 3.0 magnitude earthquake shook the Mahoning Valley. The earthquake was linked to the fracking process at the well site. Fracking is the process where a gas company uses fluid to fracture the rock in an effort to release the gas trapped in it.
In Trumbull County, the Kibler well, drilled by Halcon, produced 101.3 mcf during the second quarter.
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some one needs to get their mcf correct at that rate the wells are only making about $25.00 a day in production revenue.
MCF=1 thousand cu. ft.
MMCF=1million cu. ft.
BCF= 1 billion cu. ft.