Rise in oil and gas production in Ohio
USA
COLUMBUS, February 27, 2015 – Oil and gas production in Ohio has risen in the fourth quarter of 2014, claimed a report that was released on Wednesday.
Statistics released by the Ohio Department of Natural Resources report showed how shale drilling contributed to a continual increase in oil and gas production in the last quarter of 2014.
The report highlighted how 3.5 million barrels of oil and 4.64 bcm (164 bcf) of gas were produced during this period, an increase compared to the fourth quarter of 2013 where Ohioan wells produced 1.4 million barrels of oil and 1.21 bcm (43 bcf) of gas.
A boom in well construction in the state has fuelled an increase in oil and gas production in the last two years.
The report said that 779 wells out of the 828 wells drilled in Ohio’s shale formations produced oil or gas.
Oil production in the state has increased by 200 percent and gas production by 350 percent since 2013, Associated Press reported.
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