OHIO S UTICA SHALE: THE LATEST DRILLING ACTIVITY & PRODUCTION RESULTS. MATT LUPARDUS APRIL 23 rd, 2015

Similar documents
The Debrosse Memorial Report 2014 Oil & Gas Activity in Ohio

Ohio Utica/Point Pleasant Shale Update March 2014

GULFPORT ENERGY CORPORATION DECEMBER 31, 2015 NET PROVED RESERVE RECONCILIATION (Unaudited) Gas Equivalent BCFE

THE OIL & GAS CONFERENCE

CONE Midstream Partners LP. 1Q 2016 Earnings May 5, 2016

Shale Development in Ohio: Utica and Marcellus, Liquid Hydrocarbons and Gas

Rex Energy Corporate Presentation. January 2016

Upstream Developments Generate Growing Hydrocarbon Gas Liquids Supply! Alan Farquharson, SVP - Reservoir Engineering & Economics!

Range Resources Corporation Company Presentation April 2013

Ohio Mineral Rights Update

Ohio Legislative Service Commission

Suzanne Minter. Manager, Oil and Gas Consulting BENTEK Energy. Natural Gas Outlook

Marcellus Shale in Pennsylvania: A 2,600 Well Study of Estimated Ultimate Recovery (EUR) 2015 Update

NEWS RELEASE. - Page 1 -

FIFTEENTH DAY ENROLLMENT STATISTICS

HESS CORPORATION. Lean Leads the Way in a Low-Cost Environment

1.3. 2IPOs $580. MMcf/d. MMDth/d MILLION

Investor Presentation. June 2016

2015 Outline of Medicare Supplement Coverage Cover Page (1 of 2) Plans A, F & N Basic Benefits:

HIRING INTERNATIONAL PHYSICIANS WHO NEED A J-1 WAIVER

Oil and Gas Price Forecast Update: Where are Oil and Gas Prices Heading?

Rex Energy Reports Second Quarter 2014 Operational and Financial Results

CITIBANK ENERGY INVESTOR TOUR. December 16, 2015

FIFTEENTH DAY ENROLLMENT STATISTICS

Analysis of Proposed Tax Levies for Library Purposes

Treatment, Beneficial Use and Management of CBM Produced Water Industry Perspective

FIFTEENTH DAY ENROLLMENT STATISTICS

Ohio s Energy Supply Chain: Towards More Sustainable Energy Supplier Networks. OTEC Conference October 23, 2013

Consensus Revenue Estimating Group

Independent Stock Idea May 9, 2016

NATIONAL FUEL REPORTS 2015 EARNINGS

Green Energy Oilfield Services, LLC

Stock Pitch. Westen Koorbusch, Travis Wolf, Zachary Dukoff, Udit Agrawal, Isaac Fraynd

North American Energy Independence A bump in the road

Technology Barriers and Adoption in Rural Appalachian Ohio

"Ohio mine subsidence insurance underwriting association" and "mine subsidence insurance fund" plan of operation.

Will the Marcellus/Utica Overtake the Henry Hub? U.S. Natural Gas Price Volatility in 2015 & Beyond

NATIONAL FUEL REPORTS THIRD QUARTER EARNINGS

Turning Brownfields into Clean Energy. Today s Discussion

And Then There Was Abundance: Examining Natural Gas in Bruce McDowell Director, Policy Analysis American Gas Association

Shale Gas. New conventions for unconventional development for the engineering and construction industry

IAMU Natural Gas Pricing Impact to the Iowa Electric Power Generator 10/2/13 Jim Borowicz Key Energy Services, LLC

Scenario Study: Natural Gas Prices Deflating

October 2015 Update NYSE: SWN

Third Quarter 2015 Swift Energy Company November 5, 2015

Natural Gas Price in Asia: What to Expect

Great Lakes Gold Rush: Valuing Mineral Rights in the Utica and Marcellus Shale Plays

Forward-Looking Statements

Three Hot Commodity Stocks For 2016

Forward-Looking Statements

NOVEMBER 2015 UPDATE

Communities First Ohio -- Program Summary

Stark State College Oil & Gas Programs Industry Overview. S. Kathleen Steere BS, BSPE Coordinator Oil & Gas Programs

Energy & Industrial Sector Observations

Unlocking our energy future: the potential value of the Canning Basin. Phil Thick, Managing Director

EQT REPORTS FIRST QUARTER 2015 EARNINGS Significant volume growth continues

Expanding Natural Gas Service: Opportunities for American Homes and Business

To begin your search, click the red button called Click here to search for Nursing Homes.

Natural Gas Prices To Crash Unless Rig Count Falls Fast

Ohio s Natural Gas and Crude Oil Exploration and Production Industry and the Emerging Utica Gas Formation. Economic Impact Study.

Medium-Term Global Oil Outlook

Annual General Meeting May 5, 2016

RANGE REPORTS 2015 EARNINGS, ANNOUNCES 2016 CAPITAL PLANS

PRELIMINARY REPORT ON THE NORTHSTAR #1 CLASS II INJECTION WELL AND THE SEISMIC EVENTS IN THE YOUNGSTOWN, OHIO AREA

Our analysis of data collected and reported by PADEP between 2008 and 2011 found the following:

Ohio PREP Region 6 Quarterly Newsletter

Oil & Gas Market Outlook. 6 th Norwegian Finance Day Marianne Kah, Chief Economist March 2, 2016

CHESAPEAKE ENERGY CORPORATION PROVIDES 2016 GUIDANCE AND REPORTS 2015 FULL YEAR AND FOURTH QUARTER FINANCIAL AND OPERATIONAL RESULTS

STATE PERFORMANCE MANAGEMENT FOR TREATMENT SERVICES

Here are the units that oil, gas, and minerals are normally reported in (see the notes on the next page):

Natural Gas Supply: Not As Great or As Inexpensive As Commonly Believed*

Highlights of Testimony

NATIONAL FUEL REPORTS FIRST QUARTER EARNINGS AND PROVIDES APPALACHIAN OPERATIONS UPDATE

Instead of doing a typical grand opening, we created the Unleashing America s Energy event to correspond with our new tag line.

Beyond the Traditional Rig Count with Drillinginfo

polymers & chemicals Partner with the Industry Leader

Announces Second Quarter 2004 Results

Oil and Gas Terms. Anticline: An arch of stratified rock layers that may form a trap for hydrocarbons.

***Proposed New Rule - June 2, 2016***

Request for Proposals Business Retention Database Software & Licensing

supply chain Become part of the bigger picture

Greenfields Petroleum Corporation

Tuscarawas County. Presented by The Ohio State University Department of Human and Community Resource Development

SWIFT ENERGY ANNOUNCES FIRST QUARTER 2015 RESULTS

The tangible personal property tax, which applies

Navigating Coal Retirements Amid Emissions Regulations and Natural Gas Deliverability Concerns Perspective from a Supplier

Outlook for Natural Gas Supply and Demand for Winter

Abraxas Petroleum Corporate Update

STATE OF OHIO DEPARTMENT OF NATURAL RESOURCES DIVISION OF OIL AND GAS RESOURCES MANAGEMENT : : : : :

The Growth of U.S. Natural Gas: An Uncertain Outlook for U.S. and World Supply

BLUEFIELD, WEST VIRGINIA

A History and Overview of the Barnett Shale

Forward-Looking Statements

NYSE: UNT. EnerCom s The Oil & Gas Conference August 17, 2016

DAVENPORT COMMUNITY SCHOOL DISTRICT 1606 BRADY HARRISON STREET DAVENPORT, IOWA THE BEST PLACE TO LEARN REQUEST FOR PROPOSAL

TD Securities Calgary Energy Conference July 2014

IPAA: Managing Debt in Troubled Times Surviving 2016

S.B th General Assembly (As Introduced)

Enable Midstream Partners, LP

National Fuel Gas Company Investor Presentation. November 2015

Transcription:

IO S UTICA SHALE: THE LATEST DRILLING ACTIVITY & PRODUCTION RESULTS MATT LURDUS APRIL 23 rd, 2015

DISCLAIMER All data contained herein was collected from publicly available sources. The location of well spots, drilled or producing status, and production volumes are based on the ODNR data as of 4/18/2015. SOOGA does not guarantee the accuracy of the data contained herein.

HORTIZONTAL WELL ACTIVITY AS OF 9/4/2012 359 Permits Issued 159 Wells Drilled 30 Wells Producing THE FIRST TIME THIS PRESENTATION WAS DONE 12 Companies who have drilled 1 or more wells 7 Companies with 1 or more producing wells Source: Ohio Dept. of Natural Resources (ODNR)

HORTIZONTAL WELL ACTIVITY AS OF 4/18/2015 1,877 Permits Issued (+1,518 vs. 9/4/2012) 1,456 Wells Drilled (+1,297) 847 Wells Producing (+817) 28 Companies who have drilled 1 or more wells (+16) 24 Companies with 1 or more producing wells (+17) Source: Ohio Dept. of Natural Resources (ODNR)

WELLS DRILLING OR DRILLED Source: Ohio Dept. of Natural Resources

WELLS DRILLING OR DRILLED THROUGH 4/18/2015 Source: Ohio Dept. of Natural Resources

WELLS DRILLING OR DRILLED THROUGH 9/13/2012 Source: Ohio Dept. of Natural Resources

WELLS DRILLING OR DRILLED THROUGH 4/18/2015 Source: Ohio Dept. of Natural Resources

WELLS DRILLING OR DRILLED DRILLING RIGS RUNNING AS OF 4 10 2015 SOURCE: BAKER HUGHES Source: Ohio Dept. of Natural Resources

WELLS DRILLING OR DRILLED DRILLING RIGS AS OF 4 10 2015 SOURCE: BAKER HUGHES OIL WINDOW WET GAS DRY GAS

WELLS DRILLING OR DRILLED OIL WINDOW WET GAS DRY GAS

WELLS DRILLING OR DRILLED

WELLS DRILLING OR DRILLED PRODUCING WELLS THROUGH 4/18/2015

WELLS DRILLING OR DRILLED PRODUCING WELLS OIL WINDOW WET GAS DRY GAS

THIS YEAR S UPDATE WILL FOCUS ON THE MOST ACTIVE AREA OF THE PLAY

PRODUCTION DATA Data Presented as Follows: By County # Wells Drilled # Wells Producing Cumulative Utica Production through 12/31/2014 Highest Well 90 Day I.P. Rate to Date (as opposed to 24 HR I.P. in the past)

MAHONING COUNTY

MAHONING COUNTY WELLS DRILLED = 14 WELLS PROD. = 13 CUM. OIL = 32,000 BBLS CUM. GAS = 5 BCF BIGGEST WELL: POLAND #6H IP 90 = 4,500 MCFE/DAY (HILCORP ENERGY)

COLUMBIANA COUNTY

COLUMBIANA COUNTY WELLS DRILLED = 74 WELLS PROD. = 54 CUM. OIL = 277,000 BBLS CUM. GAS = 24 BCF BIGGEST WELL: ANDRULIS #8H IP 90 = 6,000 MCFE/DAY (CHESAPEAKE)

CARROLL COUNTY

CARROLL COUNTY WELLS DRILLED = 416 WELLS PROD. = 350 CUM. OIL = 6,100,000 BBLS CUM. GAS = 220 BCF BIGGEST WELL: EVANS #3H IP 90 = 7,500 MCFE/DAY (CHESAPEAKE)

JEFFERSON COUNTY

JEFFERSON COUNTY WELLS DRILLED = 39 WELLS PROD. = 14 CUM. OIL = 116 BBLS CUM. GAS = 14 BCF BIGGEST WELL: CIACCI #1H IP 90 = 7,900 MCFE/DAY (CHESAPEAKE)

HARRISON COUNTY

HARRISON COUNTY WELLS DRILLED = 286 WELLS PROD. = 145 CUM. OIL = 4,100,000 BBLS CUM. GAS = 66 BCF BIGGEST WELL: WAGNER #3 28H IP 90 = 11,200 MCFE/DAY (GULFPORT)

GUERNSEY COUNTY

GUERNSEY COUNTY WELLS DRILLED = 147 WELLS PROD. = 66 CUM. OIL = 1,700,000 BBLS CUM. GAS = 15 BCF BIGGEST WELL: SHUGERT DADDY #3H IP 90 = 5,700 MCFE/DAY (AMERICAN ENERGY UTICA)

BELMONT COUNTY

BELMONT COUNTY WELLS DRILLED = 154 WELLS PROD. = 70 CUM. OIL = 176,000 BBLS CUM. GAS = 107 BCF BIGGEST WELL: BLUE THUNDER #10H IP 90 = 15,700 MCFE/DAY (RICE ENERGY)

NOBLE COUNTY

NOBLE COUNTY WELLS DRILLED = 126 WELLS PROD. = 63 CUM. OIL = 2,500,000 BBLS CUM. GAS = 43 BCF BIGGEST WELL: MYRON #1H IP 90 = 15,500 MCFE/DAY (ANTERO)

MONROE COUNTY

MONROE COUNTY WELLS DRILLED = 145 WELLS PROD. = 45 CUM. OIL = 187,000 BBLS CUM. GAS = 69 BCF BIGGEST WELL: SHROYER UNIT #2H IP 90 = 20,600 MCFE/DAY (ECLIPSE RESOURCES)

WASHINGTON COUNTY

WASHINGTON COUNTY WELLS DRILLED = 9 WELLS PROD. = 6 CUM. OIL = 49,000 BBLS CUM. GAS = 1.8 BCF BIGGEST WELL: GARVIN #1H IP 90 = 4,000 MCFE/DAY (PDC ENERGY)

WELLS DRILLING OR DRILLED PRODUCING WELLS OIL WINDOW WET GAS DRY GAS

1,800,000 CUMULATIVE MCFE PRODUCED PER PRODUCING WELL BY COUNTY CUM. MCFE TOTAL PRODUCERS 1,600,000 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 0

1,800,000 CUMULATIVE GAS PRODUCED PER PRODUCING WELL BY COUNTY CUM. MCF TOTAL PRODUCERS 1,600,000 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 0

45,000 CUMULATIVE OIL PRODUCED PER PRODUCING WELL BY COUNTY CUM. BBLS TOTAL PRODUCERS 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 0

IO UTICA GAS PRODUCTION BY YEAR 500 450 GAS PRODUCTION, BCF 400 350 300 250 200 150 100 50 0 YEAR

12 10 8 6 4 2 0 IO UTICA OIL PRODUCTION BY YEAR YEAR OIL PRODUCTION, MILLION BBLS

IO UTICA BCFE PRODUCTION BY YEAR 600 500 400 BCFE 300 200 100 0 YEAR

WELLS DRILLING OR DRILLED DRILLING RIGS AS OF 4 10 2015 SOURCE: BAKER HUGHES OIL WINDOW WET GAS DRY GAS

QUESTIONS?