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Ohio: Oil and Gas Production Grew in Q3 2015

By Ilya Batikov

Oil and gas production in Ohio rose in the third quarter of this year. The Columbus Dispatch reports:

The state’s energy producers reported 5.7 million barrels of oil and 245 billion cubic feet of gas from shale in the third quarter, up from 5.6 million barrels and 222 billion cubic feet in the second quarter.

The new figures show output of oil and gas have more than doubled from the third quarter last year.

Ohio has 1,134 wells in the Marcellus and Utica shale formations. Of that total, 1,087 wells listed some production.

Gas production is growing more quickly than oil, likely because of a few wells that are producing large amounts of gas and because much of the new activity is in gas-rich parts of the state.

Click here to read the production report from the Division of Oil and Gas Resources.

Tags: Ohio, Oil and Gas, Energy

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