IPAA Oil & Gas Producing Industry in Your State - Energy in Depth
IPAA Oil & Gas Producing Industry in Your State - Energy in Depth
IPAA Oil & Gas Producing Industry in Your State - Energy in Depth
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Lake<br />
Porter<br />
LaPorte<br />
Starke<br />
St. Joseph<br />
Marshall<br />
Elkhart<br />
Kosciusko<br />
LaGrange<br />
Noble<br />
Steuben<br />
DeKalb<br />
INDIANA<br />
Newton<br />
Jasper Pulaski<br />
White<br />
Fulton<br />
Cass Miami<br />
Whitley<br />
Allen<br />
Wabash Hunt<strong>in</strong>gton<br />
Wells Adams<br />
Counties with oil and/or gas production<br />
Benton<br />
Tippecanoe<br />
Warren<br />
Founta<strong>in</strong><br />
Montgomery<br />
Vermillion<br />
Parke<br />
Putnam<br />
Vigo<br />
Clay<br />
Owen<br />
Sullivan<br />
Greene<br />
Knox Daviess Mart<strong>in</strong><br />
Pike Dubois<br />
Gibson<br />
Carroll<br />
Cl<strong>in</strong>ton<br />
Boone<br />
Hendricks<br />
Morgan<br />
Howard<br />
Tipton<br />
Hamilton<br />
Marion<br />
Shelby<br />
Johnson<br />
Grant<br />
Blackford<br />
Delaware<br />
Madison<br />
Hancock<br />
Henry<br />
Rush<br />
Decatur<br />
Brown Bartholomew<br />
Monroe<br />
Ripley<br />
Jenn<strong>in</strong>gs<br />
Jackson<br />
Lawrence<br />
Jefferson<br />
Scott<br />
Wash<strong>in</strong>gton<br />
Orange<br />
Clark<br />
Floyd<br />
Crawford<br />
Harrison<br />
Jay<br />
Randolph<br />
Wayne<br />
Fayette Union<br />
Frankl<strong>in</strong><br />
Dearborn<br />
Ohio<br />
Switzerland<br />
VanderburghWarrick<br />
Posey<br />
Spencer<br />
Perry<br />
Background Information<br />
Counties<br />
Number of counties 92<br />
With oil and/or gas production 16<br />
First year of production<br />
Crude oil 1889<br />
Natural gas 1885<br />
Year and amount of peak production<br />
Crude oil — 12,833 thous. bbls. 1953<br />
Natural gas — 3,401 MMcf 2004<br />
Deepest produc<strong>in</strong>g well (ft.)<br />
Crude oil<br />
Natural gas<br />
NA<br />
NA<br />
Year and depth of deepest well drilled (ft.)<br />
1998 8,429<br />
Cumulative number of total wells drilled<br />
as of 12/31/06 (exclud<strong>in</strong>g service wells)<br />
<strong>Oil</strong> wells 6,312 36%<br />
<strong>Gas</strong> wells 1,144 6%<br />
Dry holes 10,274 58%<br />
Total 17,730 100%<br />
Value of <strong>Oil</strong> and <strong>Gas</strong><br />
Average wellhead price<br />
(2006)<br />
Crude oil ($/bbl.) $ 59.31<br />
Natural gas ($Mcf) $ 6.01<br />
Wellhead value of production<br />
(2006, <strong>in</strong> thous. $)<br />
Crude oil $102,666<br />
Natural gas $ 17,555<br />
Total $ 120,221<br />
Average natural gas price<br />
(2006, $/Mcf)<br />
Residential consumers $ 13.07<br />
Commercial consumers $ 1.55<br />
Industrial consumers $ 9.38<br />
Electric utilities $ 7.63<br />
City Gate $ 8.31<br />
Severance taxes paid $1,215<br />
(2006, <strong>in</strong> thous. $)<br />
Cumulative crude oil wellhead value<br />
as of 12/31/06 (thous. $) $3,549,726<br />
INDIANA<br />
Cumulative production & new reserves<br />
as of 12/31/06<br />
Crude NGL Natural<br />
<strong>Oil</strong> (mill. bbls.) Total <strong>Gas</strong> (Bcf)<br />
Reserves 552 NA 552 NA<br />
Production 546 NA 546 NA<br />
44 AMERICA’S INDEPENDENT COMPILED BY <strong>IPAA</strong> FEBRUARY 2009