By June 05 2015
Ohio’s shale wells continue to show increased oil and natural gas production, according to the Ohio Department of Natural Resources.
The rate of production growth tailed off compared with previous quarters, but state officials said shale wells produced more oil and gas than in previous quarters. The report includes horizontal wells in the Utica Shale, as well as a handful of Marcellus Shale wells.
During the first quarter ended March 31, shale wells in Ohio produced more that 4.4 million barrels of oil and more than 183.5 million billion cubic feet of natural gas, state officials said.
ODNR’s latest quarterly report lists 926 shale wells, with 877 of those wells producing oil or gas. That’s a 12-percent increase compared with the number of producing wells listed in the final three months of 2014.
First quarter production increased by more that 842,000 barrels of oil and more than 18 billion cubic feet of natural gas, when compared with the fourth quarter of 2014.
The results are much higher that the 2014 first quarter when 418 horizontal shale wells produced more than 1.95 million barrels of oil and more than 67.3 billion cubic feet of gas.
Read the full article – Ohio shale well production grows