Oil & Gas

Ohio energy production: shale oil slides, natural gas rises in fourth quarter

COLUMBUS — “Ohio shale oil production continued its slide in the fourth quarter, while natural gas numbers increased, as energy companies focus their efforts on parts of the state that are rich with gas.

The new figures, issued on Monday by the Ohio Department of Natural Resources, show oil production of 3.6 million barrels for the fourth quarter of 2016, down from 6.4 million barrels in the prior-year quarter.

Natural gas production came to 345 billion cubic feet, up from 302 billion.

For 2016 as a whole, oil production totaled 17.9 million barrels, down from 23 million in the prior year, and gas production came to 1.4 trillion cubic feet, up from 956 billion. This includes oil and gas extracted from the Utica and Marcellus shale formations in Ohio.”

— Dan Gearino, Columbus Dispatch

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