FOCUS: UNCONVENTIONAL OIL & GAS: Ohio's Utica shale development has room to grow

10/07/2013
Tayvis Dunnahoe Special Projects* Ohio—once the largest oil producer in the US at the turn of the 20th century—may soon advance its rank closer to this status through 2015. In May, Ohio's Department of Natural Resources (DNR) released production numbers for 2012, which accounted for 636,000 bbl of oil and 12.8 bcf of gas. As of June, the state has produced 413,000 bbl of oil, bringing its ranking to 18th in the US for oil production. Ohio's current oil output is derived mainly from stripper wells in the eastern part of the state; however, this is expected to change through 2015. While the play is still being developed, the state predicts that Utica shale oil will provide 73% of its total ...
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