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

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Jobs 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 $Billion / year mmboed 2012 2012 2013 2013 2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 2022 2022 2023 2023 2024 2024 2025 2025 2026 2026 2027 2027 2028 2028 2029 2029 2030 2030 bcfed Development Policy Case Projected Regional Impacts* – Atlantic OCS www.woodmac.com • Atlantic OCS production could reach nearly 1.6 mmboed by 2030, with up to $14 billion of government revenue per year, and 140,000 jobs being created as a result • Cumulative government revenue for the region has the potential to reach $95 billion by 2030 (inclusive of lease bonuses) • Wood Mackenzie assumes that states will be impacted on a proportionate basis of their coastline length 1.6 1.4 1.2 1.0 0.8 0.6 0.4 0.2 0.0 Florida Georgia South Carolina North Carolina Virginia Maryland Delaware New Jersey New York Connecticut Rhode Island Massachusetts New Hampshire Maine Atlantic OCS Production 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 All production from Federal lands 180,000 160,000 140,000 120,000 100,000 80,000 60,000 40,000 Florida Georgia South Carolina North Carolina Virginia Maryland Delaw are New Jersey New York Connecticut Rhode Island Massachusetts New Hampshire Maine Atlantic OCS Job Creation 16 14 12 10 8 6 4 Annual Government Revenue - Atlantic OCS Lease Sales Federal Royalty State Royalty Federal Tax 20,000 2 0 0 * Relative to the Current Path Case OCS royalties split with states © Wood Mackenzie 37 Delivering commercial insight
Jobs 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 $Billion / year mmboed 2012 2012 2013 2013 2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 2022 2022 2023 2023 2024 2024 2025 2025 2026 2026 2027 2027 2028 2028 2029 2029 2030 2030 bcfed Development Policy Case Projected Regional Impacts* – Pacific OCS www.woodmac.com • Pacific OCS production could reach 1.1 mmboed by 2030, with up to $13 billion of government revenue, and over 120,000 jobs being created as a result 1.2 1.0 Oregon Washington California Pacific OCS Production 6.0 • Creating access to new federal areas and more efficient regulatory policies have the biggest impact on the future development of the Pacific OCS’ oil and gas industry 0.8 0.6 0.4 5.0 4.0 3.0 2.0 • Wood Mackenzie projects that California would account for over 94% of production and job creation if the Pacific OCS were open for oil and gas development 0.2 0.0 All production from Federal lands 1.0 0.0 Pacific OCS Job Creation 14 Annual Government Revenue - Pacific OCS 140,000 120,000 100,000 80,000 Oregon Washington California 12 10 8 Lease Sales Federal Royalty State Royalty Federal Taxes 60,000 6 40,000 4 20,000 2 0 0 * Relative to the Current Path Case OCS royalties split with states © 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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8 API GUIDANCE DOCUMENT HF2 Typical
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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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2010 PUBLICATIONS ORDER FORM Effect
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Product No. GHF301
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www.woodmac.com Project Background
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www.woodmac.com Key Results ACCESS
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www.woodmac.com Scope of Study - Ac
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www.woodmac.com Methodology Access
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www.woodmac.com Methodology Access
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www.woodmac.com Access Scenario - E
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www.woodmac.com 2 Increased Tax Sce
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www.woodmac.com Methodology - Tax S
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www.woodmac.com Results Taxes Scena
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www.woodmac.com Tax Scenarios - Est
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www.woodmac.com Tax Scenarios - Gov
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www.woodmac.com Access Scenario - R
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www.woodmac.com Tax Scenario - Base
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www.woodmac.com Tax Scenarios - Pro
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www.woodmac.com Access Scenario - E
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www.woodmac.com Access Scenario - V
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www.woodmac.com Tax Scenario - Esti
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Tax Scenario - Estimated Impacts on
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www.woodmac.com Wood Mackenzie Disc
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Isolating Potential Flow Zones Duri
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Contents 1 Scope . . . . . . . . .
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Isolating Potential Flow Zones Duri
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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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Economic Impacts of Oil and Gas Dev
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Mr. Erik Milito - The House Committee on Natural Resources ...

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