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Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA

EIA · May 19, 2014 · 22 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 1
    Developing a National Gateway to oil and gas well data Interstate Oil & Gas Compact Commission Midyear Issues Summit May 19, 2014 Biloxi, MS By Adam Sieminski, EIA Administrator U.S. Energy Information Administration…
  2. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 2
    Energy Information Administration (EIA) EIA is an independent statistical and analytical agency within the U.S. Department of Energy tasked to collect and provide detailed information and analysis on all aspects of the energy sector as…
  3. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 3
    Times have changed with U.S. oil production EIA Outlooks - 2004 and 2014 U.S. crude oil production million barrels per day 12 2002 2013 2025 U.S. maximum production level of 9.6 million barrels per day in 1970 10 AEO2014 Reference…
  4. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 4
    U.S. natural gas production, EIA Outlooks 2004 and 2014 U.S. dry natural gas production trillion cubic feet billion cubic feet 2002 2013 2025 per day 40 AEO2014 Reference case 100 35 90 30 80 70 25 60 20 AEO2004 Reference case 50…
  5. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 5
    Is the U.S. a rising energy superpower As states, you are managers of the onshore oil and gas production renaissance The success is clearly demonstrated in the production data Dry natural gas production is at a record high, crude…
  6. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 6
    U.S. is largest producer of petroleum and natural gas in the world Interstate Oil and Gas Compact Commission Midyear Issues Summit May 19, 2014 6
  7. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 7
    Shale plays are key to production and infrastructure changes Interstate Oil and Gas Compact Commission Midyear Issues Summit May 19, 2014 7
  8. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 8
    Tight oil and shale gas are already largest contributors to production U.S. dry natural gas production U.S. crude oil production trillion cubic feet billion cubic feet million barrels per day Projections per day 40 Projections 10 2012…
  9. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 9
    Rapid change in natural gas and oil production from shale and other tight resources underscores the need for timely information; EIAs Drilling Productivity Report currently relies on a commercial service with data collected from your…
  10. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 10
    Although oil use is slightly increased in the High Resource case due to lower prices, net import dependence declines rapidly U.S. liquid fuel supply million barrels per day History Projections 2012 25 2005 2016 2040 High Resource 20…
  11. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 11
    EIA proposes expanded monthly production survey Current, accurate data on US oil and gas production is important to EIAs short term outlook which markets, policymakers, and the public rely on: EIA has just proposed a producer survey of…
  12. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 12
    Improving energy information with the National Gateway Leveraging over 20 years of DOE Fossil Energy and state support for RBDMS through the Ground Water Protection Council (GWPC) Commitment by EIA to improve its state data…
  13. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 13
    Gateway beta site at EIA Interstate Oil and Gas Compact Commission Midyear Issues Summit May 19, 2014 13
  14. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 14
    Current Gateway pilot states RBDMS states States in Gateway Future Gateway states Note: all 50 states are members of the GWPC Interstate Oil and Gas Compact Commission Midyear Issues Summit May 19, 2014 14
  15. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 15
    Benefits of National Gateway Streamlined access to state data More standardized data definitions New analytical tools for well-field analysis Improved analysis of emerging plays and technology Data for basin-wide and interstate…
  16. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 16
    Future goals for National Gateway Encourage all producing states to participate in the Gateway Develop advanced data transfer and querying capabilities Add production data elements based on the assessment of modeling and analysis…
  17. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 17
    Ideas for future State-EIA Collaboration Access to Well Finder Web Service Provide high-level well data to the public Well Finder mobile application Map services Increase geo-spatial mapping capability Add thematic mapping Public…
  18. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 18
    RBDMS Partners (26) U.S. Energy Information Administration (newest partner) Alabama State Oil and Gas Board Alaska Oil and Gas Conservation Commission Arkansas Oil and Gas Commission Colorado Oil and Gas Conservation Commission…
  19. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 19
    RBDMS Partners (contd) Nebraska Department of Environmental Quality Nebraska Oil and Gas Conservation Commission New York State Department of Environmental Conservation, Division of Mineral Resources New Mexico Oil Conservation…
  20. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 20
    For more information U.S. Energy Information Administration home page www.eia.gov Annual Energy Outlook www.eia.gov/aeo Short-Term Energy Outlook www.eia.gov/steo International Energy Outlook www.eia.gov/ieo Monthly Energy Review…
  21. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 21
    Current status of the National Gateway at EIA Complete, updating regularly Alabama, Arkansas, Mississippi, West Virginia Mapped, loaded for review and demonstration Colorado, Kentucky, Nebraska, New York, North Dakota, Oklahoma In…
  22. Interstate Oil & Gas Compact Commission Midyear Issues Summit – EIA – slide 22
    Expansion of EIA-914 Monthly Natural Gas Production Report Current EIA-914 Gross withdrawals of natural gas Natural gas lease production Federal Gulf of Mexico, Louisiana, New Mexico, Oklahoma, Texas, Wyoming, Expanded EIA-914…

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