Transcript Oil & Gas General Overview - Kansas Department of Revenue

KS Dept of Revenue
Property Valuation Division
Director’s Update
November 14, 2011
Topeka, KS
Lynn Kent
Oil & Gas Section Mgr.
Property Valuation Division
Counties with Oil & Gas
Production
Statewide Oil Production
Statewide Gas Production
Statewide Well Counts 2011
60,000
58,683
50,000
Number Wells
40,000
30,000
24,754
20,000
10,000
5,738
4,949
4,503
0
Total Prod Oil
Total Prod Gas
Total Prod CBM
Well Type
Total SWD or INJ
Total EOR
Horizontal Wells in Kansas
Horizontal Wells 2008 – 2011
(10-31-11)
Permitted
Drilled
50
45
46
40
Number Wells
35
30
25
23
20
15
13
10
10
8
8
6
5
2
0
2008
2009
2010
Year
2011
Mississippian Formation
Horizontal Drilling
The Near Future…
PVD to provide “hands on” assistance for 2012
-Decline
-Lease expenses
-Equipment
-Future rig and lease tours
The End