Ohio oil and gas activity, exploration on the upswing

06/09/1997
Michael P. McCormac Ohio Division of Oil & Gas Columbus For the first time in several years, there was improvement in almost every area of Ohio oil and gas activity in 1996. Higher oil and gas prices combined with an improved exploratory success rate (Fig. 1 [34249 bytes] and Table 1 [70144 bytes]) helped increase drilling. The number of discoveries since 1990 has helped energize operators and change their drilling focus. The Ohio industry in 1996 continued its progression from a low-risk, mature play in Silurian Clinton sandstone to a higher risk, high reward immature play in Cambrian Rose Run sandstone. The recent deeper formation reserve additions ...
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