Utica Shale Gas Production Continues to Climb in Second Quarter

The Ohio Department of Natural Resources (ODNR) announced today second quarter oil and gas production totals from horizontal shale wells, and once again the Utica Shale continues to impress. Natural gas production rose by 16 percent compared to second quarter 2016 production and also rose slightly compared to the first quarter of 2017, rising by approximately 4 percent for a total of 388,560,451 Mcf (388 billion cubic feet).  Second quarter oil production this year down 17 percent from second quarter production a year ago; however, the total of 4,044,072 barrels of oil produced this past quarter is up 3 percent compared to the first quarter of 2017.

The ODNR quarterly report lists 1,691 horizontal shale wells, 1,659 of which reported oil and natural gas production during the quarter. Of the 1,659 reporting oil and natural gas results:

  • The average amount of oil produced was 2,438 barrels.
  • The average amount of gas produced was 234,214 Mcf.
  • The average number of first quarter days in production was 85.

Once again, the top-10 producing gas wells were found in Monroe and Belmont counties, and Eclipse Resources, Ascent Resources, and Gulfport Energy had the best producing natural gas wells this quarter. Also worth noting, while Jefferson County did not make the top-10 list, it was clearly the third largest producing natural gas producing county this quarter, with significant uptick in Wayne and Smithfield townships, thanks to great wells from Ascent Resources and Chesapeake Exploration.

Guernsey County showed the best producing oil wells in the state this quarter, rounded out by a showing from Carrol and Harrison counties. Ascent Resources, Eclipse Resources and Chesapeake Exploration all contributed to the top producing oil wells this quarter.

 

 

Speak Your Mind

*