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Valley production up in 1Q 2015

YOUNGSTOWN – Oil and natural-gas production in the Mahoning Valley increased in the first quarter of 2015.

The Valley produced 89,880 barrels of oil and 10,475,656 cubic feet of natural gas, or Mcf, according to figures released Monday by the Ohio Department of Natural Resources.

The latest figures are a jump from the first quarter of 2014 with 49,535 barrels of oil and 2,586,272 Mcf of natural gas produced.

But in the fourth quarter of 2014, the Valley produced 86,512 barrels of oil and 10,726,773 Mcf of natural gas.

ODNR listed 926 wells, 877 of which reported production. Ohio’s horizontal shale wells produced 4,401,687 barrels of oil and 183,585,256 Mcf of natural gas in the first quarter of 2015. Oil increased by more than 842,000 barrels and gas by more than 18 billion cubic feet compared with the fourth quarter of 2014.

In the first quarter of 2014, Ohio’s 418 horizontal shale wells produced 1,951,641 barrels of oil and 67,329,316 Mcf of natural gas.

The jump in production is because of a backlog of completed wells waiting for the infrastructure to access the market, said Shawn Bennett, executive vice president for the Ohio Oil and Gas Association.

“Infrastructure is continuing to be built,” he said, adding that production is expected to increase throughout the year.

Chesapeake Exploration’s Huffman Trust 36-16-4 1H well, in Butler Township, Columbiana County, was the Valley’s highest producer for oil at 18,069 barrels for the first quarter of 2015. The company’s Pitts 22-14-4 10H, in Franklin Township, also in that county, was the highest producer of natural gas in the Valley at 473,295 mcf.

In Ohio, the average amount of oil produced was 5,019 barrels, and the average amount of gas produced was 209,333 Mcf.

In related news, Ohio: Natural gas production going strong despite rig cuts.

This article was written by Brandon Klein from Vindicator, Youngstown, Ohio and was legally licensed through the NewsCred publisher network.

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