Mr. Erik Milito - The House Committee on Natural Resources ...

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www.woodmac.com Access Scenario – Estimated Impact on Government Revenue ($ billions) Year Total Tax Total Royalty Total Leases Total Revenue 2012 0.0 0.0 4.9 5.0 2013 0.1 0.1 4.9 5.1 2014 0.1 0.1 4.9 5.2 2015 0.1 0.2 4.9 5.2 2016 0.2 0.3 4.9 5.4 2017 0.2 0.8 4.9 6.0 2018 0.3 1.5 4.9 6.8 2019 3.0 2.4 4.9 10.4 2020 5.5 4.1 4.9 14.5 2021 7.6 5.6 4.9 18.1 2022 10.4 7.4 1.9 19.8 2023 15.9 9.2 1.9 27.1 2024 21.5 11.5 1.9 34.9 2025 26.7 13.9 1.9 42.5 2026 30.0 15.4 1.9 47.3 2027 32.7 16.9 1.9 51.5 2028 36.2 18.2 0.0 54.3 2029 40.0 19.9 0.0 59.9 2030 42.9 21.4 0.0 64.3 © Wood Mackenzie 33 Delivering commercial insight
www.woodmac.com Access Scenario – Value of Production and Government Revenue *Life of Field Production (including 2030 and beyond) Rockies ANWR Atlantic Eastern GoM Pacific Total Production Natural Gas (Tcf) 8.2 9.4 37.1 26.9 13.5 95.1 Natural Gas (Bnboe) 1.5 1.7 6.6 4.8 2.4 16.8 Oil (Bnbbls) 0.5 8.7 6.8 9.7 8.1 33.8 Total Oil & Gas (Bnboe) 1.9 10.4 13.4 14.5 10.4 50.7 Total Value of Production ($BN) $126 $1,149 $1,163 $1,346 $1,061 $4,846 Governemnt Revenue ($BN) Lease Bonus Bids 15 15 8 16 7 61 Taxes (State, Local, Federal) 29 285 283 332 282 1,211 Royalties 15 141 137 162 127 581 Total Government Revenue ($BN) $59 $440 $428 $510 $416 $1,853 Delivering commercial insight
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Testimony House <s
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oost domestic production by four mi
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astonishing, with an estimated 17,0
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industry’s development costs thro
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Environmental Protection for Onshor
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Environmental Protection for Onshor
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ENVIRONMENTAL PROTECTION FOR ONSHOR
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Hydraulic Fracturing Operations—
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Special Notes API publications nece
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Contents 1 Scope . . . . . . . . .
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Hydraulic Fracturing Operations—W
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HYDRAULIC FRACTURING OPERATIONS—W
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Bibliography [1] Interstate Oil and
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2009 Publications Order Form Effect
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1220 L Street, NW Washington, DC 20
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Contents January 2012 EXECUTIVE SUM
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January 2012 EMPLOYMENT, GOVERNMENT
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January 2012 These
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January 2012 Figure 1: Natural Gas
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1.1 New Federal Drilling Leases Iss
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1.2 Permits to Drill: Down 39% Janu
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1.3 New Wells Drilled on Federal La
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January 2012 2 ADVERSE FEDERAL LAND
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January 2012 3 Economic Projections
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3.1 Overview of Baseline and Altern
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January 2012 TABLE 3 - NET (Alterna
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3.3 January 2012 Increased Producti
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January 2012 The n
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January 2012 Figure 17: Total Emplo
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January 2012 Table 9 shows what the
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January 2012 4 CONCLUSION T
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January 2012 5 APPENDIX: Data and M
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TABLE 11 - Baseline and Alternative
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5.3 Employment January 2012 Employm
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5.4 State Severance and Ad Valorem
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Natural Gas Production, billion cub
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Number of Wells Started (Spud) on F
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Net (Alternative Minus Baseline) Ja
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Net (Alternative Minus Baseline) Ja
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Federal royalties of production of
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Imports from Rest of the World 38%
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Water Management Associated with Hy
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Contents Executive Summary . . . .
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considerations). A hierarchy of pot
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2 API GUIDANCE DOCUMENT HF2 2.8 flo
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4 API GUIDANCE DOCUMENT HF2 2.30 so
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6 API GUIDANCE DOCUMENT HF2 As deve
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8 API GUIDANCE DOCUMENT HF2 Typical
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10 API GUIDANCE DOCUMENT HF2 — St
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12 API GUIDANCE DOCUMENT HF2 seques
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14 API GUIDANCE DOCUMENT HF2 6.2.1
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16 API GUIDANCE DOCUMENT HF2 6.2.2
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18 API GUIDANCE DOCUMENT HF2 fractu
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20 API GUIDANCE DOCUMENT HF2 — av
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22 API GUIDANCE DOCUMENT HF2 <stron
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Bibliography [1] American Petroleum
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26 API GUIDANCE DOCUMENT HF2 [32] H
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THERE’S MORE WHERE THIS CAME FROM
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Practices for Mitigating Surface Im
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Contents Executive Summary . . . .
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proactive in communicating to, and
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Practices for Mitigating Surface Im
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PRACTICES FOR MITIGATING SURFACE IM
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ISOLATING POTENTIAL FLOW ZONES DURI
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Annex B (informative) Well Planning
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Annex D 1 (normative) Process Summa
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Bibliography [1] Gai, H., Walz, G.,
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THERE’S MORE WHERE THIS CAME FROM
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Economic Impacts of Oil and Gas Dev
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Administration energy strategy is n
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2012 Administration raises the min
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www.woodmac.com Study Background AP
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Jobs 2010 2011 2012 2013 2014 2015
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www.woodmac.com Key State Results (
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www.woodmac.com Case Development
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www.woodmac.com Current Path Case -
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www.woodmac.com Development Policy
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30°N 45°N 15°N 45°N 30°N 15°N
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www.woodmac.com Scenario Modeling
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www.woodmac.com Methodology - Emplo
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Methodology - Employment Estimation
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www.woodmac.com Gulf of Mexico and
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www.woodmac.com Contents 1 2 Scenar
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mmboed 2010 2011 2012 2013 2014 201
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Jobs 2012 2013 2014 2015 2016 2017
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$Billion per year 2012 2013 2014 20
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Jobs 2012 2013 2014 2015 2016 2017
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$Billion 2012 2013 2014 2015 2016 2
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Jobs 2012 2013 2014 2015 2016 2017
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Jobs 2012 2013 2014 2015 2016 2017
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www.woodmac.com Contents 1 2 Scenar
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Development Policy Case - Annual Jo
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www.woodmac.com Tax Assumptions •
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www.woodmac.com Wood Mackenzie Disc
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