Ohio Utica Shale Gas Production Increased 43 Percent From 2015 Levels in 2016

The Ohio Department of Natural Resources (ODNR) has just released much-anticipated Utica Shale well data for the fourth quarter of 2016. And even in a year in which drilling slowed to almost a grinding halt, Ohio Utica Shale natural gas production continued to soar, rising by 43 billion cubic feet (bcf) to 345 billion cubic feet in the fourth quarter, which represents gain of 14 percent over the previous year’s quarterly result.

Even more notably, production rose by over 43 percent from 2015 to 2016, rising from 956 bcf to 1.4 trillion cubic feet year-over-year!

Although the fourth quarter clearly showed declines from the previous quarter’s results, no doubt due to a lack of drilling, the production data was positive when looking at the big picture.

Oil production was not as fruitful for Ohio in the fourth quarter and the year as a whole, however. Oil production fell to 3.6 million barrels in the fourth quarter, down 2.8 million barrels, as compared to the prior-year quarter.

ODNR reported the following natural gas and oil production figures:

2015 Quarter 4 (Shale) 2016 Quarter 4 (Shale) Percentage Change
Barrels of oil 6,380,122 3,577,553 (-43.93%)
Mcf of natural gas 302,431,181 345,241,751 14.16%

 

Total production for the last two years, with the percent change in production from 2015 to 2016, can be found below:

2015 Shale 2016 Shale Percentage Change
Barrels of oil 23,054,428 17,949,097 (-22.14%)
Mcf of natural gas 955,610,695 1,370,220,834 43.39%

 

The ODNR quarterly report lists 1,561 wells, 1,511 of which reported production. Of the 1,511 wells reporting production:

  • The average amount of oil produced was 2,392 barrels.
  • The average amount of gas produced was 228,664 Mcf.
  • The average number of fourth quarter days in production was 88.

A closer look at the production reports also provides insight into how each county is doing and, as EID accurately predicted, Belmont County continues to soar in natural gas production. However, we were pleasantly surprised to see Jefferson County making a debut in the fourth quarter, topping the charts as hosting the best natural gas well of the quarter. Guernsey County and Harrison County showed top numbers for oil wells in Ohio, although oil production writ large was decidedly low, as compared to 2015.

Finally, kudos to Ascent Resources for having nine of the 10 top natural gas wells this past quarter. Eclipse Resources and PDC Energy also nabbed top spots in the oil window of the Utica Shale play.

 

Top 10 Natural Gas Wells
Rank OWNER NAME COUNTY TOWNSHIP WELL NAME WELL NUMBER OIL GAS
1 ASCENT RESOURCES UTICA LLC JEFFERSON SMITHFIELD SMITHFIELD S SMF JF     4H 4H 0 1,635,148
2 ASCENT RESOURCES UTICA LLC JEFFERSON SMITHFIELD SMITHFIELD A     2H 2H 0 1,620,840
3 ASCENT RESOURCES UTICA LLC BELMONT RICHLAND EMERSYN E RCH BL     3H 3H 0 1,619,684
4 ASCENT RESOURCES UTICA LLC BELMONT RICHLAND EMERSYN W RCH BL     1H 1H 0 1,619,632
5 ASCENT RESOURCES UTICA LLC JEFFERSON SMITHFIELD SMITHFIELD N SMF JF     7H 7H 0 1,618,468
6 GULFPORT ENERGY CORPORATION BELMONT WAYNE WARRICK 210463     4A 4A 0 1,598,247
7 ASCENT RESOURCES UTICA LLC BELMONT RICHLAND ROSS SE RCH BL     11H 11H 0 1,595,125
8 ASCENT RESOURCES UTICA LLC BELMONT WHEELING CRAVAT N WHL BL     3H-A 3H-A 0 1,593,361
9 ASCENT RESOURCES UTICA LLC BELMONT RICHLAND COLEMAN RCH BL     1H 1H 0 1,591,631
10 ASCENT RESOURCES UTICA LLC JEFFERSON SMITHFIELD DALRYMPLE SMF JF     3H 3H 0 1,590,184

 

 

Top 10 Oil Wells
Rank OWNER NAME COUNTY TOWNSHIP WELL NAME WELL NUMBER OIL GAS
1 ECLIPSE RESOURCES I LP GUERNSEY MILLWOOD PURPLE HAYES     1H 1H 75,795 558,221
2 PDC ENERGY INC GUERNSEY WILLS NEFF     3H 3H 45,243 206,145
3 ASCENT RESOURCES UTICA LLC HARRISON NOTTINGHAM CORDER W NTG HR     2H 2H 37,607 241,803
4 R E GAS DEVELOPMENT LLC CARROLL HARRISON PERRY UNIT     1H 1H 35,159 199,908
5 ASCENT RESOURCES UTICA LLC HARRISON NOTTINGHAM CORDER W NTG HR     4H 4H 33,920 224,709
6 ASCENT RESOURCES UTICA LLC GUERNSEY WILLS EGGLESTON WLS GR     2H 2H 33,579 142,487
7 ASCENT RESOURCES UTICA LLC HARRISON NOTTINGHAM CORDER E NTG HR     6H-A 6H-A 31,136 185,959
8 ASCENT RESOURCES UTICA LLC GUERNSEY WILLS EGGLESTON WLS GR     4H 4H 29,422 132,955
9 R E GAS DEVELOPMENT LLC CARROLL HARRISON GOEBELER UNIT     3H 3H 28,369 255,966
10 ASCENT RESOURCES UTICA LLC GUERNSEY LONDONDERRY LAWSON LND GR     6H 6H 27,970 142,452

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