Ohio Oil, Gas Drilling Up Again In Final Quarter Of 2014
The state of Ohio says oil and gas production rose again in the fourth quarter of last year. Statistics released by the state Wednesday show production of oil and natural gas from shale drilling continued its steady increase in the last three months of 2014. The figures show more than 3.5 million barrels of oil and 164 billion cubic feet of natural gas were produced during that period. That's up from 3 million barrels of oil and 132 billion cubic feet of natural gas in the previous quarter. Oil production in the state has risen 200 percent and gas production 350 percent in the past two years. The report shows 779 wells produced at least some oil or gas out of the 828 wells drilled in Ohio's shale formations.