Ohio production 2nd QTR with daily's and $

cash numbers are figuring oil at $40 and gas at $2

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Permalink Reply by Booger on September 2, 2016 at 7:46am

Permalink Reply by bo boboski on September 2, 2016 at 8:55am

thx , boogerman

Permalink Reply by Albert Russell on September 2, 2016 at 12:38pm

How come some production numbers are high lighted on the one well tickets?

Permalink Reply by Paul Butler on September 3, 2016 at 1:09am

The spreadsheet provides a fascinating look at the boondoggle (the way it was done).

The way I see it--when you factor in what was spent/misspent;

1365 wells.

1200 that won't pay out.

The insiders, Bankers, lawyers and pipeline operators got/get paid handsomely, but then there isn't any profit.

Remember, the costs of the land grabbing and claim jumping--the money spent to produce NOTHING, are part of this project.

It's a shame.

It didn't have to been this way.

0ym9x5ag7ury2Permalink Reply by 0ym9x5ag7ury2 on September 4, 2016 at 3:45pm

I stopped reading the ODNR figures the day I found out that the ODNR uses the Honor System of reporting for producers.  This is oil and gas reporting not someone trustworthy. 

I know my royalty statements will be 20% less than what was reported the ODNR. 

There is no way to know how far off the ODNR Quarterly reported Volumes are from the True Volumes produced.

If I operated like this I would have been in prison long ago.

WVs candidate running for Attorney General gave back his paycheck when the legislature failed to pass a budget. I'm wonder if Ohio's elected officials have ever considered doing the same due to how badly Ohio's Citizens have missed out on the Oil & Gas wealth to date. Someone needs to take the blame, and you can count me out on this one.

Permalink Reply by Finnbear on September 7, 2016 at 1:29am

Where can I find this same report for 1st qtr 2016?

Permalink Reply by charliet on September 7, 2016 at 3:06am

Here you go 

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Permalink Reply by Finnbear on September 7, 2016 at 4:24am

Thanks!

Permalink Reply by williet57 on September 9, 2016 at 12:52pm

is  there any type report besides the one you referenced to that shows the production figures(ex  gas)for all the Ohio wells starting at the highest to lowest production figures

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