Transcript

KS Dept of RevenueKS Dept of RevenueProperty Valuation DivisionProperty Valuation Division

Director’s UpdateDirector’s UpdateNovember 14, 2011November 14, 2011

Topeka, KSTopeka, KS

Lynn KentLynn KentOil & Gas Section Mgr.Oil & Gas Section Mgr.

Property Valuation Property Valuation DivisionDivision

Counties with Oil & Gas Counties with Oil & Gas ProductionProduction

Statewide Oil ProductionStatewide Oil Production

Statewide Gas ProductionStatewide Gas Production

Statewide Well Counts Statewide Well Counts 20112011

58,683

24,754

5,738 4,949 4,503

0

10,000

20,000

30,000

40,000

50,000

60,000

Nu

mb

er W

ells

Total Prod Oil Total Prod Gas Total Prod CBM Total SWD or INJ Total EOR

Well Type

Horizontal Wells in Horizontal Wells in KansasKansas

Horizontal Wells 2008 – Horizontal Wells 2008 – 20112011(10-31-11)

13

8 86

23

10

46

2

0

5

10

15

20

25

30

35

40

45

50

Nu

mb

er

Wells

2008 2009 2010 2011

Year

Permitted Drilled

Mississippian Mississippian FormationFormation

Horizontal Horizontal DrillingDrilling

The Near The Near Future…Future…

-Decline-Decline

-Lease expenses-Lease expenses

-Equipment-Equipment

-Future rig and lease tours-Future rig and lease tours

PVD to provide “hands on” assistance for 2012PVD to provide “hands on” assistance for 2012

The EndThe End


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