Friday, May 9, 2014

Utica Shale Ohio Production - Winners Circle Q4 2013

Who has bragging rights in Ohio's Utica Shale?

In Ohio's Utica Shale, acreage is nice, talks is cheap, and production numbers tell.

The Q4 2013 production results released by the Ohio DNR last month leave no doubt as to who has the bragging rights when it comes to production. Production = making money (as long as economics hold up). While infrastructure is holding up some projects, it is still telling when you look at where the biggest oil and gas producers are. And while the trend does indicate a sweet spot, the sweet spot is "spotty" and the methods used by individual operators to bring production online can have an enormous impact on results.

So, the winners are...

Total oil production over 15,000 barrels. 
Map of well locations and operators.
Top 14 wells and operators: Gulfport (8 wells), Antero (3 wells), PDC (3 wells)

Total gas production over 300,000 MCF
Map of well locations and operators
Top 18 wells and operators: Gulfport (8 wells), Antero (6 wells), Chesapeake (3 wells), Hess (1 well)