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This year, 1,096 wells were completed, of which 804 were successful and 292 dry for a percentage of 26.6 failures. For the second year an increase in activity in the search for gas was noted with a corresponding increase in initial volume developed. Average initial for gas wells was 888,000 cu. ft./D. Initial daily for oil wells was 52 BOPD.
A total of 88 exploratory wells were completed, 36 being successful and 52 failures. Highlighting the exploratory drilling is the testing of the deeper sediments of Ohio. Two successes were recorded in or near the Cambro-Ordovician contact: a gas producer in Hinckley Township, Medina County, and an oil well in Bennington Township, Morrow County, about 80 miles apart. These significant discoveries offer considerable encouragement to the interest directed to the relatively untested and shallow Cambrian and Ordovician sediments present. The interest shown by both major and independent oil and gas companies indicates a number of tests of these sediments will be drilled in the coming year.
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