OH Annual O&G Report: Utica 36% of All Wells Drilled in 2012
On Tuesday the Ohio Dept. of Natural Resources (ODNR) published their 48th annual “McCormac Report”–the 2012 Ohio Oil & Gas Summary report chocked full of charts, maps and statistics about oil and gas drilling in Ohio (full copy embedded below). As you can imagine, a lot of the report is dedicated to Utica Shale drilling. The report covers calendar year 2012, the year when Ohio’s Utica Shale really started to blossom. However, it does not include data for 2013, which is the year when the OH Utica grew up and became a serious shale play contender. Still, there’s lots to love about the McCormac Report, so named for Mike McCormac, the guy who’s been producing it for the past 32 years.
We learn in the report that in total, $706 million worth of natural gas and oil was drilled in Ohio in 2012. We also learn the state saw it’s longest ever horizontal well drilled–16,664 feet! That’s an astonishing 3.15 miles long (drilled in Jefferson County). And we learn that 36% of all wells drilled in 2012 were Utica Shale wells. Here’s a few highlights from the report: