Utica Shale witnessed a decrease of 0.3% in total oil and gas production to 636,880.05 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production in Utica declined 27.09% in September 2021 from 873,519.56 boe/d in September 2020. On a YTD basis, the total oil and gas production in the play decreased by 25.45% from the same period in 2020.
Go deeper with GlobalData
In Utica, oil production declined 0.06% in September 2021 as compared with the previous month, while gas production decreased by 0.31% to 3,540.32 mmcf/d.
On a YTD basis, oil production in the play decreased by 38.63% in 2021 when compared with the same period in 2020, while gas production declined by 24.74%. Out of the total oil and gas production in September 2021, oil held a 4.13% share, while gas had a 95.84% share.
In Utica, Ascent Resources emerged as the largest oil and gas producer, recording a total oil and gas production at 186,199.4 boe/d in September 2021 from the previous month. The company held a 30.41% share in oil production and 29.19% share in gas production in September 2021.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataOn a YTD basis, the company registered a 39.41% decrease in total oil and gas production from the same period in 2020.
Compared with other counties within Utica Shale, Belmont county recorded the highest oil and gas production, holding a 30.51% share in September 2021. The county witnessed in production to 194,292.14 boe/d in September 2021 when compared with the previous month.
On a YTD basis, it registered a decline of 36.25% in total production from the same period in 2020.
Methodology
All publicly announced wells data are included in this analysis, which is drawn from GlobalData’s USL48 database that provides insights into oil and gas permits and wells as disclosed by state ministry sites.
GlobalData collects the latest production data and analyses the trends when it is made available for public disclosure by state ministries. Differences, if any, between the period of activity and the article date may be attributed to delays in the issuance of data.
