Ohio Energy Project June 26, 2013 The State of Exploration and Production in the United States.

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Presentation transcript:

Ohio Energy Project June 26, 2013 The State of Exploration and Production in the United States

Energy Flow 2010

Temperature and Pressure

The difference between renewable and non-renewable resources is time

Mississippi River Drainage Basin 41% of Lower 48

Porosity Permeability

Ryder, R.T., 2008, Assessment of Appalachian basin oil and gas resources: Utica- Lower Paleozoic Total Petroleum System: U.S. Geological Survey Open-File Report 2008–1287, 29 p

Temperature and Pressure

Typical Production Well Installation

Petroleum and Natural Gas are “hydrocarbons” They are chains of Carbon atoms with Hydrogen atoms attached. These chains can be from one atom to over 26 atoms long

How Shale Production has changed the Industry

What has changed in the industry?

1) 12k bbl : 40MM 2) 10.5k bbl : 41MM 6) 38k bbl : 103MM 7) 27k bbl : 68MM

1) 12k bbl : 40MM 2) 10.5k bbl : 41MM 6) 38k bbl : 103MM 7) 27k bbl : 68MM

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