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

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www.woodmac.com Tax Scenario – Estimated Total Employment Impacts Year Direct Incremental Job Losses Indirect Incremental Job Losses Total Incremental Job Lossses 2011 8,000 20,000 28,000 2012 30,371 75,927 106,297 2013 40,157 100,393 140,550 2014 48,240 120,600 168,840 2015 36,378 90,945 127,323 2016 30,367 75,919 106,286 2017 18,335 45,838 64,174 2018 16,566 41,415 57,980 2019 15,012 37,531 52,543 2020 13,749 34,372 48,121 2021 12,725 31,813 44,539 2022 11,711 29,278 40,989 2023 9,865 24,664 34,529 2024 8,868 22,171 31,039 2025 7,879 19,697 27,576 2026 7,737 19,342 27,079 2027 7,602 19,005 26,607 2028 6,634 16,585 23,219 2029 6,512 16,281 22,793 2030 6,397 15,992 22,388 © Wood Mackenzie 37 Delivering commercial insight
Tax Scenario – Estimated Impacts on Government Revenue ($ millions) www.woodmac.com Year Base Case Government Revenue $Million Production Based Tax Scenario Government Revenue $Million Differential $Million 2011 69,107 73,763 4,656 2012 69,559 73,275 3,716 2013 72,890 76,322 3,432 2014 78,049 81,464 3,415 2015 83,997 84,563 566 2016 92,709 86,990 (5,719) 2017 95,209 87,041 (8,168) 2018 95,194 85,750 (9,444) 2019 94,323 87,544 (6,779) 2020 93,738 79,282 (14,457) 2021 96,906 73,107 (23,799) 2022 88,197 67,324 (20,873) 2023 81,435 62,428 (19,008) 2024 76,557 58,172 (18,385) 2025 73,876 56,278 (17,598) 2026 69,573 53,360 (16,213) 2027 65,308 49,860 (15,448) 2028 60,726 46,394 (14,333) 2029 56,692 33,686 (23,006) 2030 53,181 27,286 (25,895) © Wood Mackenzie 38 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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Mr. Erik Milito - The House Committee on Natural Resources ...

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