OOGEEP First Quarter
Shale Production Analysis June 25, 2020
Ohio shale natural gas production slowed in the first quarter reflecting broader commodity market downturn and pandemic-related demand pullback. Uptick in permitting activity and improving commodity price market indicates second-half growth opportunities. Ohio Oil and Gas Energy Education Program
Quarterly Results  Production & Permitting Ohio natural gas and oil operators produced 581.6 bcf of natural gas and 5.9 million barrels of oil from shale formations in the first quarter of the year, Ohio Department of Natural Resources DATA details. Led by Belmont Co., which accounts for nearly half of the production total, 97 percent of horizontal shale wells (2,509) reported natural gas and oil production during the quarter. Belmont, Jefferson, Monroe, Harrison, and Carroll Counties, respectively, led the state in natural gas pro-
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duction, accounting for 532.9 bcf or 92 percent of the natural gas produced in the state. Guernsey, Harrison, Carroll, Belmont, and Monroe Counties accounted for 98 percent of oil production, or 5.8 million barrels. Ascent Resources produced one-third, 190 bcf, of the quarter’s total natural gas output, primarily from Belmont and Jefferson Counties. Gulfport Energy produced 92 bcf mostly from its Belmont and Monroe Co. acreage, while Encino Energy accounted for nearly 80 bcf through its production in Harrison, Carroll and JefOOGEEP continued on page 12 OhioGas&Oil 11
