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Ohio Chamber of Commerce

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Presentation on theme: "Ohio Chamber of Commerce"— Presentation transcript:

1 Ohio Chamber of Commerce
February 13, 2018 Richard Simmers, Chief Division of Oil and Gas Resources Management Ohio Department of Natural Resources

2 Overview

3 Horizontal Shale Activity
2,748 Total Permits 2,246 Wells Drilled 1,801 Wells Producing Horizontal Permitting Activity

4 Horizontal Well Permits Issued by Year
Source: ODNR Division of Oil & Gas Methodology: Hrz Permit Issue Date

5 Drilling Activity

6 Cumulative Drilled Horizontal Wells
Source: ODNR Division of Oil & Gas Methodology: TD Date

7 Horizontal Shale Rigs Source: ODNR Division of Oil & Gas

8 Horizontal Shale Rigs Drilling Efficiencies Lateral Length
Source: ODNR Division of Oil & Gas

9 Horizontal Shale Rigs in Ohio
Source: U.S. Energy Information Administration

10 Horizontal Shale Rigs in Ohio – WTI Price Comparison
U.S. Energy Information Administration Spot Prices

11 Horizontal Shale Rigs in Ohio – NYMEX Price Comparison
U.S. Energy Information Administration Spot Prices

12 Production Update

13 Cumulative Producing Horizontal Wells
Source: ODNR Division of Oil & Gas Methodology: Qtr of First Production

14 Shale Oil Production Source: ODNR Division of Oil & Gas

15 Shale Natural Gas Production (Billion Cubic Feet)
Source: ODNR Division of Oil & Gas

16 Ohio Conventional Wells vs. Horizontal Wells
U.S. Energy Information Administration Consumption Estimates

17 Ohio Production vs. Ohio Consumption (MCF)
U.S. Energy Information Administration Consumption Estimates

18 Natural Gas Pipelines Construction on natural gas interstate pipelines continued in 2017, as well as regional supply and gathering pipelines ShaleGasReporter U.S. Energy Information Administration Map Image

19 Natural Gas Pipelines and Infrastructure
Construction on natural gas interstate pipelines continued in 2017, as well as regional supply and gathering pipelines Development continues on natural gas processing facilities ShaleGasReporter U.S. Energy Information Administration Map Image

20 Natural Gas Fired Power Plants
Ten natural gas fueled power plants are in development across the state County Project Megawatts Status Lucas Oregon 960 Operational Carroll 742 Trumbull Lordstown 940 Under Construction Warren Middletown 540 Approved Columbiana Southfield 1105 Guernsey 1100 Monroe Hannibal Point 485 Oregon 2 955 Harrison 1050 Under Review 8,817 megawatts Ohio Power Siting Board, updated

21

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