Ohio Releases 3rd Quarter 2013 production statistics!

Happy Reading for 2014!!   Here is the third quarter production report:

followed by an article on the release.

http://oilandgas.ohiodnr.gov/production

The typical Utica shale well in eastern Ohio produced 137,168 thousand cubic feet of natural gas and 5,439 barrels of liquids from July through September, according to a new report released on Tuesday by the Ohio Department of Natural Resources.

That is enough natural gas to generate about $550,000 and enough oil to generate an additional $490,000 from each of the the state’s first 245 Utica shale wells or nearly $1 billion a year  from all the wells.

"Those are very good numbers," said Jeff Daniels, a geophysicist at Ohio State University, co-director of the university’s Sub-Surface Energy Resources Center and an expert on Utica shale drilling. "They’re high but they don’t shock me."

http://www.ohio.com/blogs/drilling/ohio-utica-shale-1.291290/ohio-r...

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Permalink Reply by Pheasant Valley on December 31, 2013 at 5:17pm

I added two columns to the ODNR version of the spreadsheet, named "OIL / DAY" and "GAS / DAY"

The first image shows the top 20 oil producers and the second image shows the top 20 gas producers.

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Permalink Reply by bo boboski on December 31, 2013 at 11:37pm

Gulfports Groh 1H  872 barrels/day---OIL

Permalink Reply by J L on December 31, 2013 at 3:54pm

Hiker, does this answer your question regarding where the oil went? Per the ODNR page where the report is posted-

"Ohio law does not require the separate reporting of Natural Gas Liquids (NGL). Gas reporting totals listed on the report include NGLs."

Permalink Reply by The Hiker on January 1, 2014 at 2:23am

I'm looking for the Oil (condensate), not the NGL's.   It is unfortunate however, that the NGL's are not known since that's where a good chunk of the money comes from.

Experts:   Can the ratio of NGL/Gas as published in the IP reports be used to estimate the NGL's produced during Q3?  (It sure doesn't work that way for condensate, but something else may be responsible).

r2d2:   You've got one impressive well there!  wow.   I also wonder what these Utica wells will produce year in/ year out, after artificial lift is put on,  like yours?

Permalink Reply by David Perotto on January 1, 2014 at 2:55am
What makes R2D2's well even more impressive is that it is only forty acres, approximately 1/3 the acres as most Utica wells.
Permalink Reply by James Vanderink on January 1, 2014 at 5:08am
You probably don't want that. Just find the trap and drill down and hit it. It's all very interesting. Maybe a highly productive area like this could have on large central pad and multiple horizontals going out to hit various traps. I like the economics of these vertical wells. I wouldn't change a thing. That area around the Enervest wells is called the Lobdell Oil Field. You probably won't find it on a map. I think Cgas termed the phrase back in the 1990's
Permalink Reply by James Vanderink on January 1, 2014 at 7:38am
r2, here a good article about the early RoseRun. 3D should help in the Bakersfield, Randolf and other oil fields. Wow, look at the well in Pickaway County.
http://www.ogj.com/topics/device/mobile/t/46984021/ohio-rose-run-be...
Permalink Reply by James Vanderink on April 2, 2014 at 11:39am

David, U S and R2, I cant wait to see the latest from the ODNR. R2 ,it will be surely interesting to see the decline rate on the Big Utica wells vs the best Roserun wells. The Roserun wells you spoke of have drawn some interest. I spoke with a former friend in the industry about these lately. Guess who owns a W.I. in the Enervest well?  Peter R.Coors. 

0i7okn54zwbdoPermalink Reply by 0i7okn54zwbdo on April 2, 2014 at 4:23pm

Hopefully he's better at investing in oil and gas than he is at making beer.

Permalink Reply by Summer Johnston on December 31, 2013 at 12:41pm

There is a free downloadable program similar to Excel from OpenOffice.org in case anyone is interested in viewing the stats and doesn't have Excel.

Permalink Reply by J L on December 31, 2013 at 3:05pm

Microsoft also makes a free viewer for Excel you can download that allows you to view the files but takes away most of the functionality of the program.

Permalink Reply by Busy Bee on January 1, 2014 at 2:22am
I'm looking for opinions on the Buell well in Harrison . I believe it has the longest production history . It might be a good indicator of what to expect in a large portion of the wet gas window . How has it faired ??

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