1. ACTIVITY UPDATE OF THE UTICA-POINT PLEASANT SHALE PLAY
Ron Riley and Mohammad Fakhari
Ohio Department of Natural Resources
Division of Geological Survey
Utica Shale Play Book Study Workshop
Canonsburg, PA
July 14, 2015

2. Activity Update
Permitting and Drilling Activity in Basin through May 30, 2015
Drilling Statistics
Exploration Highlights by Operator
Production Map
GOR map 2

3. Utica-Point Pleasant Horizontal Well Activity in the Appalachian Basin through May 30, 2015

4. 4

5. 5

6. 6

7. August 2014 to April 2015 7

8. Utica- Point Pleasant Wells Drilled, Permitted, or Producing by Operator through May 30, 20158

9. Exploration Highlights by Operator
Title slide for each presenter’s section – major and minor headings, as per workshop agenda 9

10. 10 Chesapeake Utica-Point Pleasant Activity Wet Gas EUR = 5-10 Bcfe
IP’s are from Chesapeake investor presentation

11. Utica-Point Pleasant Drilling Activity: Non-Chesapeake Operators11

12. 12 Gulfport Utica-Point Pleasant Activity
IP’s are from Gulfport investor presentation (2014)

13. *
Average
, , % % % % 13

14. 14-X Utica Shale - Paloma Acquisition and AEU Acreage Acquisition
Acreage acquisitions from AEU totaling approximately 35,325 net acres in Monroe, Belmont and Jefferson Counties, Ohio
14-X

15. 15

16. 16-X

17. AEU Utica-Point Pleasant Activity17
Production data from DOGRM

18. 18 Antero Utica-Point Pleasant Activity
IP’s are from Antero investor presentation (2014)

19. 19

20. 20 Hess Utica-Point Pleasant activity
IP’s are from Hess investor presentation (2014)

21. 2 Rig program, reduced to 1 rig from June 2015
21-X

22. 22 Rex Energy and Range Resources Utica-Point Pleasant activity
IP’s are from Rex Energy investor presentation (2014)

23. Stacked Plays 23

24. 24-X

25. From Range Resources investor presentation (2015)25

26. 26
From Range Resources investor presentation (2015)

27. IP 59MMCFG/D 27
From Range Resources investor presentation (2015)

28. 28
From Range Resources investor presentation (2015)

29. 29 Shell and Seneca Utica-Point Pleasant Activity
IP’s are from IHS Drilling Wire Report and the PGS

30. 30 Triad Hunter and Stone Activity
IP’s are from Investor presentations

31. 31
From Magnum Hunter investor presentation (2014)

32. 32 CNX and Gastar Utica-Point Pleasant Activity
IP is from IHS Drilling Wire Report

33. 33 PDC Utica-Point Pleasant Activity
IP’s are from PDC investor presentation (2014)

34. 34
From PDC investor presentation (2015)

35. 35
From PDC investor presentation (2015)

36. Eclipse Activity
With purchase of Oxford Oil Co., Eclipse has 90,000 acres in wet gas core of play 36
IP’s from Eclipse investor presentation (2015)

37. 37

38. Hilcorp Utica-Point Pleasant Activity38

39. 39 Enervest Utica-Point Pleasant Activity
IP’s are from IHS Drilling Wire Report

40. 40 Rice Utica-Point Pleasant Activity
IP’s are from Rice investor presentation (2015)

41. 41
From Rice Energy investor presentation (2015)

42. 42
From Rice Energy investor presentation (2015)

43. XTO Utica-Point Pleasant Activity43

44. 44 Map of BOE -143.5 Million BOE Produced (2011-1st Qtr 2015)
-Best 10 wells Produced over 600,000 BOE.
-Buell well has produced 829,945 BOE
6,000 cfg = 1Bbl oil 44

45. GOR Map 45

46. One of fastest growing natural gas-producing regions in the U. S
One of fastest growing natural gas-producing regions in the U.S. (EIA, 2015)
2.47 BCFG/D in May 2015
161% increase from 1 year ago.
In past 5 years, natural gas production in Utica increased more than 14 times. 2 46

47. Ohio Production Summary
 Ohio Production Data
Utica-Point Pleasant Production
Total Production
Year
Oil (Barrels)
Gas (Mcf)
No. of Wells
2011
46,326
(1%)
2,561,524 (3.5%) 9
4,853,000
73,290,000
50,192
2012
635,874
(13%)
12,831,292 (15%) 87
4,974,000
86,770,000
~50,000
2013
3,643,141
(45.5%)
99,532,124
(59.4%)
360
8,006,000
167,293,000
~ 50,000
2014
10,847,211
(70%)
445,466,231
(85%)
786
15,300,000
518,000,000
2015 (1st Qtr)
4,401,687
183,585,256
876
Cumulative Production
19,574,239
743,976,427
Note: NGL included in Gas 47
Data from ODNR Division of Oil and Gas Resources Management RBDMS, 2013 Ohio Oil and Gas Summary and 2014 Debrosse report

48. Link to ODNR Website for Utica-Point Pleasant Activity and Production