Utica Shale production reaches record highs in 2018
Tuesday, March 19, 2019
Oil and gas production in Ohio’s Utica Shale continues to climb as its 2,141 producing wells outpace old records, according to fourth-quarter results released by the Ohio Department of Natural Resources.
Natural gas production increased 31.9 percent when compared with the same quarter in 2017 as drillers across the state yielded 663.5 billion cubic feet of natural gas. Simultaneously, oil production increased 38.5 percent during the fourth quarter as Utica producers cranked out 5.8 million barrels of oil.
Most of Ohio’s Utica production is centered in the southeastern tier of the oil and gas play, where geological pressure is strongest.
Learn more: The Youngstown Business Journal > Utica Shale Production Reaches Record in Q4
Leave a Comment
Marcellus & Utica Shale Well Map
Additional Shale Maps
Shale FAQ
What are mineral rights?
Mineral rights are the rights of the owner of the property to mine or produce any resources below the surface of the property. Mineral rights are different from surface rights.
Will I get free natural gas if I allow fracking on my property?
Maybe. It depends on your particular lease agreement. Some companies allow property owners a yearly free gas allowance. But, the process of connecting your property to the gas source may be more complicated. Some companies will provide a hookup, others require the landowner to provide one.