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Ohio Oil and Gas Production Soars

Oil and gas production increased by 640% from 2012 to 2013 according to a report published by the Ohio Department of Natural Resources. The one year increase was the largest in Ohio history and is the most natural gas that Ohio has produced since 1982. Much of the increase is due to the production of 352 active horizontal wells in Ohio, which have overtaken the production of over 51,000 vertical wells. To date, Ohio has approved 1,386 permits for horizontal drilling with 470 wells in production or capable of production. Officials project that another 700 wells will be drilled in 2014 and 800 in 2015.