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 Gary R Sarisky on January 2, 2014 at 10:21am

Therea a report on that well at tribtoday.com do the math on there one day report and its a killer well 

Permalink Reply by Joseph-Ohio on January 2, 2014 at 10:24am
Wonder why no production data listed at the ODNR pages ? ?
Permalink Reply by Booger on January 2, 2014 at 3:17am

shows $/day calculated at $4 gas and $100 oil............not perfect but decent enough for comparison.

also interesting to sort by days of production

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Permalink Reply by TM on January 2, 2014 at 8:35am

Nice spreadsheet there Booger. I found it interesting that in an article I read said the state report does not break out natural gas liquids and that may understate potential income by 20 to 50 percent on these wells  Maybe in the future they will report the individual NGL numbers along with the gas and oil. Reporting all numbers would definitely give a clearer picture of what these wells are producing product wise.

Permalink Reply by Philip Brutz on January 2, 2014 at 9:07am

I don't know if it is easily done, but it would be interesting to see a per acre column.

Permalink Reply by David Perotto on January 2, 2014 at 9:53am

Fairly easy, just need to find each well on the ODNR website and locate each well's acreage on the plat map. Then divide by the acres in the well.

Permalink Reply by Booger on January 2, 2014 at 10:00am

...or just divide by 200.......much easier but not as accurate..........generally these things are 6 wells at 1,200 acres......each leg drains roughly 200 acres (trending less with tighter spacing).

....of course if you are trying to figure royalty/acre, then you would have to do as david says......to figure production/acre is simpler.

 

015334grltd9mPermalink Reply by 015334grltd9m on January 2, 2014 at 10:22am
My company's well is in a 119 acre unit.
Permalink Reply by john goodday on January 2, 2014 at 11:12am

 BP's Lennington well- Trumbull Co.-

 604 BBLS & 3869 MCF for its first 10 days -

That's 60 BBLS a day & 386 MCF per day!

Permalink Reply by searcherone on January 2, 2014 at 12:31pm

There is a permitted well in Perry Twp. Monroe Co.  for 125 acres for one Utica and one Marcellus lateral.     So apparently the acreage can vary greatly.

Permalink Reply by Joseph-Ohio on January 2, 2014 at 2:09pm

Nice job on the SS Booger.

Appreciate your efforts.

 

Permalink Reply by Joseph-Ohio on January 2, 2014 at 3:59pm
You know Booger, another few columns would be very informative for guys like me.

How about a column each for the number of laterals and their length ?

Then a column each for Natural Gas, NGLs and Oil production per lineal foot of lateral ?

And another column each for Natural Gas, NGLs and Oil dollars ($) per lineal foot of lateral ?

Could get pretty complicated as the person putting it all together would have to discover how many laterals are involved as well as how long each of them are.

Member MJ seems to have a good handle on the length of laterals at each well and probably how many laterals are present.

If that could be put together it would paint a pretty clear picture don't you think ?

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