The Ohio Dept. of Natural Resources (ODNR) issued fourth quarter 2018 numbers for Utica shale oil and gas production yesterday, and wow! Both natural gas and oil production rocketed upward. Natgas production was up 32% over the same period last year, to a new all-time high of 663.5 billion cubic feet (Bcf), and oil production hit 5.8 million barrels, up 39% over last year’s 4Q.
Ascent Resources, founded by the late Aubrey McClendon, dominated the top 25 highest-producing gas wells, with 15 of the top 25 (down from 20 of the top 25 in 3Q18). However, Eclipse Resources (now merged with Blue Ridge Mountain Resources and renamed to Montage Resources) grabbed the top two spots, both wells in Monroe County. Eclipse’s Yellow Rose A 2H well produced an amazing 3.789 billion cubic feet (Bcf) during 3Q18. The top 25 producing gas wells were scattered across Jefferson, Monroe, Belmont and Harrison counties.
In something of a reversal from previous quarters, Eclipse dethroned Ascent to have a majority of wells (13) in the top 25 oil producing wells. Eclipse took the top five spots in the list for most-producing in 4Q18, with the top well, the Outlaw A 1H in Guernsey County, producing 181,579 barrels of oil in 4Q18. Incredible!
Below we have the ODNR’s high level overview of the numbers, along with MDN’s own exclusive analysis showing: the top 25 producing gas wells, the top 25 producing oil wells, and then the top 25 gas and oil wells as ranked by average production per day. There is a difference. We show you which wells are not just producing the most quantity overall, but which wells are producing at the fastest (most productive) rates–even if those wells haven’t yet been online a full three months. We also include a link to the complete list (Google spreadsheet) of wells included in the 4Q18 ODNR report, in a more useful format than that provided by ODNR.
First up is the ODNR press release/overview:
During the fourth quarter of 2018, Ohio’s horizontal shale wells produced 5,810,484 barrels of oil and 663,534,323 Mcf (663 billion cubic feet) of natural gas, according to figures released today by the Ohio Department of Natural Resources (ODNR).
Natural gas production from the fourth quarter of 2018 showed a 31.89% increase over the fourth quarter of 2017, while oil production increased 38.56% for the same period.
The ODNR quarterly report lists 2,575 horizontal shale wells, 2,241 of which reported oil and natural gas production during the quarter. Of the wells reporting oil and natural gas results:
- The average amount of oil produced was 2,593 barrels.
- The average amount of natural gas produced was 296,088 Mcf.
- The average number of fourth quarter days in production was 86.
All horizontal production reports can be accessed at http://oilandgas.ohiodnr.gov/production.
Ohio law does not require the separate reporting of Natural Gas Liquids (NGLs) or condensate. Oil and gas reporting totals list on the report include NGLs and condensate.*
*Ohio Dept. of Natural Resources (Mar 11, 2019) – Ohio’s Utica Shale Fourth Quarter Production Totals Released
Ohio’s Top 25 Producing Utica Shale Gas Wells for 4Q18 – Overall Production
(Note: 3,789,740 thousand cubic feet or Mcf is roughly equivalent to 3.8 billion cubic feet or Bcf)
Ohio’s Top 25 Producing Utica Shale Oil Wells for 4Q18 – Overall Production
Unique to MDN: We’ve run the numbers and calculated each well’s production by a daily average so we can rank all of the wells that way. Here’s what we found.
Ohio’s Top 25 Producing Utica Shale Gas Wells for 4Q18 – Average Daily Production
Ohio’s Top 25 Producing Utica Shale Oil Wells for 4Q18 – Average Daily Production
Finally, below is a link to view the spreadsheet online for 4Q18 Ohio Utica Production. You can sort the data any which way you want, or download it as a CSV file and keep your own copy. Enjoy!
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