The Ohio Department of Natural Resources Division of Oil & Gas Resources Management recently released its 2012 Oil and Gas Summary for the state. The report provides insight into Ohio’s oil and natural gas exploration efforts as well as local permits, production numbers, and other relevant figures and records.
How Ohio’s Oil and Natural Gas Exploration Efforts Are Faring
According to the report, there are more than 64,000 active wells in the state of Ohio, and in 2012 these wells drilled more than four million feet total – a nearly 50 percent rise from the state’s 2011 numbers. The Utica Shale region saw the most growth, increasing from 66 permits in 2011 to 459 the next year. The area also accounted for 36 percent of the activity across 19 counties. It was particularly successful in Carroll, Columbiana, Harrison, Jefferson, and Noble counties.
Drilling in the Clinton formation has decreased, dropping more than 20 percent since 2011. The formation accounted for only 30 percent of the state’s total production in 2012 after providing 74 percent the year before. Drilling in wells in the Berea and Cambro-Ordovician areas dropped as well, with the two seeing 41 and 59 wells drilled in 2012, respectively.
The state saw new drilling depth records in multiple counties, with Chesapeake Energy hitting 10,260 feet in a Utica Shale well in Jefferson County, beating the previous record by more than 600 feet. Statoil drilled to 10,980 feet in Monroe Country, ousting the existing record by 1,670 feet, and an all-time longest well drilling record was also set in Jefferson County, coming in at 16,664 feet in the Utica Shale.
More On Oil and Natural Gas ExplorationTo learn more about ongoing oil and natural gas exploration or to inquire about your own oil and gas interests or rights, contact MAH Energy Law today.
Source: MacKenzie, Peter. “ODNR Releases 2012 Oil & Gas Summary.” OOGA Bulletin 64.1 (2014): 21. Web. 17 Mar. 2014.