Friday, December 05, 2014YOUNGSTOWN, Ohio -- Production from horizontal oil and gas wells across the state was 49% higher during the third quarter compared to the second quarter, according to a newly released report from the Ohio Department of Natural Resources.
Horizontal shale wells in Ohio produced three million barrels of oil and 132 billion cubic feet of natural gas during the three months ended Sept. 30, ODNR said.
By comparison, during the second quarter, Utica wells produced 2.4 million barrels of oil and 88.6 billion cubic feet of natural gas.
Oil production increased more than 546,000 barrels during the period and natural gas production rose by 43 billion cubic feet.
The report lists 717 wells, of which 674 reported production results, ODNR said. Forty-three wells reported no production because they still await pipeline infrastructure.
Utica wells each produced an average of 4,471 barrels of oil and 195 million cubic feet of natural gas, ODNR said. Production periods ranged from one to 92 days, with an average well production period of 75 days.
The highest-producing oil well in the state was Pittsburgh-based CNX Gas Co.'s Reserve Coal Properties Co. well in Noble County, ODNR reported, with 50,159 barrels of oil over 86 days of production.
Denver-based Antero Resources' Gary 3H well in Monroe County produced the most natural gas, 1.7 billion cubic feet during 90 days, and is thus by far the biggest producing natural gas well on record in Ohio, according to ODNR data.
Just how much of this is natural gas liquids is undetermined because Ohio does not require companies to issue separate reports on natural dry gas and natural gas liquids production.
Through November, 627 horizontal permits have been issued this year. There were 583 horizontal shale permits issued in 2013.
Copyright 2014 The Business Journal, Youngstown, Ohio.
CLICK HERE to subscribe to our twice-monthly print edition and to our free daily email headlines.