Report: Ohio oil and natural gas production dropped during pandemic
Monday, July 26, 2021
Oil and natural gas production decreased in 2020 as operators responded to decreased demand during the COVID-19 pandemic, according to Ohio the Oil and Gas Association’s annual Debrosse Memorial Report.
Natural gas production dropped 10% year-over-year to 2.4 TCF. Oil production dropped 16% year-over-year to 23.2 million bbl.
Furthermore, permitting activity dropped 25% to 353 permits issued, completions were down 34% to 267 and the number of producers operating in Ohio fell to 31 in 2020 from 41 in 2019.
Learn more: Natural Gas Intelligence > Ohio oil and gas production saw steep declines during pandemic
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Shale FAQ
What is fracking?
Fracking is a slang term for hydraulic fracturing. Fracturing is a process by which highly pressurized fluid is pumped thousands of feet into the ground to fracture rock formations. The goal is to release the natural gas that’s locked inside the rock.
Is it safe?
What most concerns people about fracturing is ground water contamination. The worry is that fractures underground, caused by the process, will extending upwards and into aquifers, releasing gas and chemicals into the ground water supply. There’s been no confirmed reports of such a thing happening. Though surface spills and drill site blowouts can lead to localized environmental concerns.
Will my water catch on fire?
Flammable water is caused by the release of methane gas into a drinking water supply. Methane gas occurs naturally and can be released by any kind of drilling, including water wells. In Pennsylvania officials fined Chesapeake Energy $1 million for contaminating ground water with methane. It was determined that the company had not properly cemented it’s boreholes and gas migrated up the well, between rock and into aquifers.