Oil production in Ohio’s horizontal wells was down 34 percent in their third quarter of 2016 compared to the same period in 2015.
Figures released last week by the Ohio Department of Natural Resources (ODNR), show horizontal shale wells produced 3,954,095 barrels of oil in the third quarter, compared to 5,994,632 in the third quarter of 2015. The average amount of oil produced was 2,701 barrels per well.
Natural gas production for the same period increased 45 percent over 2015 figures.
The report shows a total of 360,681,356 Mcf (360 billion cubic feet) of natural gas was produced, compared to 247,541,749 Mcf during the third quarter of 2015. The average amount of natural gas produced was 246,367 per well.
The ODNR quarterly report lists 1,492 horizontal shale wells, 1,464 of which reported oil and natural gas production during the quarter. The average number of third quarter days in production was 85.
All horizontal production reports can be accessed at oilandgas.ohiodnr.gov/production.
Ohio law does not require the separate reporting of Natural Gas Liquids (NGLs) or condensate. Oil and gas reporting totals listed on the report include NGLs and condensate.