Utica Drilling Bits

The Ohio Department of Natural Resources released some encouraging news on oil and gas production in the fourth quarter of 2013.

• Gulfport Energy’s “Boy Scout” well in Harrison County, was the top oil producer. It produced 26,095 barrels in 80 days of production.
• The best gas well was Antero Resources’ “Gary” well in Monroe County, which had 1.3 billion cubic feet of gas in 67 days of production.
• Oil production in the fourth quarter of 2013 increased 8% over the previous quarter while natural gas production increased 28%.
• Companies extracted 1.4 million barrels of oil, and 43.1 billion cubic feet of gas.