Oil and natural gas production up in Q4
Ohio’s production of oil and natural gas from horizontal shale wells continued to grow during the last quarter of 2018.
Shale wells produced 5.8 million barrels of oil and 663 billion cubic feet of natural gas, according to the Ohio Department of Natural Resources.
Natural gas production was up 32 percent, and oil production was up 39 percent, from the fourth quarter of 2017.
During the fourth quarter, 2,241 horizontal shale wells reported production. Those wells averaged:
2,593 barrels of oil.
296 million cubic feet of natural gas.
86 days of production.
Based on quarterly reports, Ohio’s horizontal shale wells produced 19.7 million barrels of oil, 2.3 trillion cubic feet of natural gas and 30.8 million barrels of brine in 2018.
ODNR has yet to release official annual statistics.
In 2017, horizontal shale wells produced 16.5 million barrels of oil, 1.7 trillion cubic feet of natural gas and 20.2 million barrels of brine.