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

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Economic Impacts of Oil and Gas Development on BLM Lands in Wyoming Figure 3. Oil and Gas EISs Currently Underway within Wyoming BLM Field Offices. Figure 4 shows the average oil and gas EIS cycle time for EISs that have been completed in the Rocky Mountain Region (Colorado, Utah, and Wyoming) since 1993 compared to the current estimated EIS cycle for projects currently undergoing NEPA analysis. <strong>The</strong> average EIS completion time for EISs between 1994 and 2005 was 38 months. For projects with pending RODs, the average duration of the EIS cycle is 43 months as of March 2011. Note that the majority of these projects (listed in Table 6) have not released a DEIS and therefore, the EIS cycle time will increase as the NEPA process continues. 10
Economic Impacts of Oil and Gas Development on BLM Lands in Wyoming Figure 4. Actual & Estimated EIS Cycle Times in the Rocky Mountain Region. It should be noted that there are smaller-scale oil and gas projects going through the NEPA planning process within Wyoming BLM field offices that may or may not be experiencing delays similar to the six large-scale EISs. In addition, there are other large oil and gas projects that are just beginning the NEPA planning process. <strong>The</strong> Normally- Pressured Lance (NPL) Natural Gas Development Project and EIS is within the Pinedale and Rock Springs Field Offices and proposes up to 3,500 wells drilled over a 10-year period. This project is in the initial public comment gathering phase and economic and environmental impacts assessments have yet to be completed. POTENTIAL IMPACTS FROM DELAYS Delaying a federal decision on the six proposed projects consequently delays oil and gas companies from beginning the approved development and production phases of these large-scale projects. As indicated in the sections above, the development and production of oil and gas wells bring substantial economic contributions to the state of Wyoming. <strong>The</strong>refore, delays in a BLM decision result in deferral of project development, employment, and government revenues. <strong>The</strong> economic activity potentially affected by the delays of the six projects is estimated in the following analysis. Full approval of the six projects proposed would result in the development and production of approximately 17,485 wells. Based on the assumptions that all projects start in the same year, and all wells will be drilled within each projects’ first 15 years, approximately 1,166 wells will be drilled annually. It is also assumed that the average well in Wyoming has a 40-year productive life and during that time it would produce 5.0 billion cubic feet of natural gas and 35,000 barrels of oil condensate; a typical well can be expected to produce 125 Mcf of natural gas and 875 barrels of oil 11
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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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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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considerations). A hierarchy of pot
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Bibliography [1] American Petroleum
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Practices for Mitigating Surface Im
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proactive in communicating to, and
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2010 PUBLICATIONS ORDER FORM Effect
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Product No. GHF301
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ISOLATING POTENTIAL FLOW ZONES DURI
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Mr. Erik Milito - The House Committee on Natural Resources ...

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