2011 Report on Oil and Natural Gas Activity Within the State of Oklahoma ______
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OKLAHOMA CORPORATION COMMISSION 2101 N Lincoln Blvd PO Box 52000 Oklahoma City, OK 73152-2000 ___________________________________________________________________________ 2011 Report on Oil and Natural Gas Activity Within the State of Oklahoma ___________________________________________________________________________ Prepared by: Technical Services Department Oil and Gas Conservation Division ============================================================================================================ The Oil and Gas Conservation Division issues this publication as authorized by the Oklahoma Corporation Commission. Copies of this report are available for download through http://occeweb.com. ============================================================================================================ PREFACE The 2011 edition of the Report on Crude Oil and Natural Gas Activity is designed to acquaint the general public with oil and gas statistics for the State of Oklahoma. This publication is a summary of statistics for the calendar year 2011. In addition to this summary of annual statistics, the Technical Services Department also publishes a Monthly Oil and Natural Gas Production Report, which is a summary of provisional and revised data by county for the State of Oklahoma. This document and the monthly production volume reports are available at the Oklahoma Corporation Commission website at http://www.occeweb.com/. All comments, suggestions, or requests for further information should be directed to: Jason Lawter Statistical Research Specialist Technical Services Department Oil and Gas Conservation Division PO Box 52000 Oklahoma City, OK 73152-2000 Phone: (405) 522-4903 E-Mail: [email protected] ACKNOWLEDGEMENTS This publication of the Report on Crude Oil and Natural Gas Activity within the State of Oklahoma has resulted from the combined efforts of the following organizations: Oklahoma Corporation Commission Oklahoma Tax Commission Energy Information Administration Baker Hughes IHS We appreciate the assistance of all those who have helped in the preparation of this publication. OKLAHOMA CORPORATION COMMISSION Oil and Gas Division Table of Contents Table of Contents Preface 3 Acknowledgements 4 Table of Contents 5 Oklahoma Fast Facts 6-7 DATA TABLES Natural Gas 9-12 Oil 13-16 Production by County 17-53 Intents to Drill 54-57 Rig Counts 58-59 Completions 60-93 Top 75 Producers 94-97 Appendix 98-125 A – Historical Highlights of the Energy Industry B - Historical Tour of Oklahoma’s Oil and Gas Industry C – What a Barrel of Crude Oil Makes D – Petrochemicals: Raw Materials for More Than 3,000 Everyday Products E – Terms and Definitions Page 5 OKLAHOMA CORPORATION COMMISSION Oil and Gas Division Oklahoma Fast Facts Oklahoma Fast Facts General Overview Population: 3.8 million (2010) (U.S Rank 28th) Per Capita Income: $37,277 (2011) (U.S. Rank 34th) Total Energy Consumption: 1,551.6 trillion Btu (2010) (U.S. Rank 23th) Total Petroleum Consumption: 91,945 thousand barrels (2010) Gasoline Consumption: 45,950 thousand barrels (2010) Distillate Fuel Consumption: 22,587 thousand barrels (2010) Liquefied Petroleum Gas Consumption: 3,106 thousand barrels (2010) Jet Fuel Consumption: 6,820 thousand barrels (2010) Natural Gas Consumption: 676 billion cubic feet (2010) Petroleum Supply Crude Oil Proved Reserves: 710 million barrels (2010) (Accounts for 3.1 percent of U.S. crude oil proved reserves.) Crude Oil Production: 74,319 thousand barrels (2011) Rotary Rigs in Operation (Oil): Average per month 62 (2011) Total oil wells, drilled, not plugged: 115,000(2011) Natural Gas Supply Natural Gas Proved Reserves: 26,345 billion cubic feet (2010) (Accounts for 8.6 percent of U.S natural gas proved reserves.) Natural Gas Production: 1,827,328 million cubic feet (2011) Rotary Rigs in Operation (Gas): Average per month 120 (2011) Total natural gas wells, drilled, not plugged: 65,000(2011) Transportation: Major Pipelines: - Crude Oil – Amoco, ARCO, Conoco, Duke, Farmland, Jayhawk, Koch, Mobil, Natural Gas Clearinghouse, Ozark, Seaway, Shell, Sun, Texaco, Ultramar- Diamond Shamrock - Petroleum Product – Citgo, Conoco, Emerald, Explorer, Phillips, Williams - Liquefied Petroleum Gas – Conoco, DSE, Exxon, Koch, PDIM, Phillips, Trans Texas Interstate Natural Gas Pipelines: ANR Pipeline Co., Centerpoint Energy Gas Transmission Co., Colorado Interstate Gas, El Paso Natural Gas Co., KM Interstate Gas Co., Mississippi River Transmission Corp., Natural Gas Pipeline Company of America, Northern Natural Gas Co., Oneok Gas Transmission LLC, Oneok Gas Transportation Page 6 OKLAHOMA CORPORATION COMMISSION Oil and Gas Division Oklahoma Fast Facts System, Panhandle Eastern Pipeline Co., Southern Star Central Gas Pipeline Co., Transok Inc., Transwestern Pipeline Co. Refining and Marketing (Downstream) Refineries: Distillation capacity of 520,700 barrels per calendar day (BCD) (2011) Accounts for 3 percent of U.S. refining capacity. - ConocoPhillips Company - Sinclair Oil Corporation - Sunoco Inc. - Valero Refining Company - Ventura Refining and Transmission - Wynnewood Refining Company Retail Gasoline Stations: 2,910 outlets (2011) Source: Energy Information Administration, Bureau of Census, Oklahoma Corporation Commission, Oklahoma Tax Commission, Bureau of Economic Analysis. Page 7 Data Tables Page 8 Natural Gas Production Natural Division Gas and Conservation Oil COMMISSION CORPORATION OKLAHOMA Million Cubic Feet (MMcf) 1,000,000 1,500,000 2,000,000 2,500,000 500,000 0 1906 1910 1914 1918 1922 Gas Production Natural Oklahoma 1926 1930 1934 1938 (1906 1942 1946 - 1950 2011) 1954 1958 1962 1966 1970 1974 1978 1982 1986 1990 1994 1998 2002 2006 2010 Page 9 OKLAHOMA CORPORATION COMMISSION Oil and Gas Conservation Division Natural Gas Production CUBIC FEET CUBIC FEET CUBIC FEET YEAR IN MILLIONS YEAR IN MILLIONS YEAR IN MILLIONS (MMCF) (MMCF) (MMCF) 1906 3,520 1942 269,704 1978 1,783,269 1907 4,867 1943 285,045 1979 1,843,319 1908 11,925 1944 310,888 1980 1,826,979 1909 28,037 1945 357,530 1981 2,009,852 1910 50,430 1946 380,938 1982 1,936,725 1911 67,276 1947 419,010 1983 1,740,508 1912 73,799 1948 480,573 1984 2,094,232 1913 75,018 1949 435,262 1985 1,920,858 1914 78,167 1950 482,360 1986 1,928,599 1915 87,517 1951 538,756 1987 2,029,899 1916 123,517 1952 554,033 1988 2,118,136 1917 137,617 1953 599,955 1989 2,197,138 1918 124,317 1954 616,355 1990 2,263,489 1919 163,649 1955 614,976 1991 2,130,731 1920 154,467 1956 678,603 1992 1,962,533 1921 124,058 1957 719,794 1993 2,016,923 1922 140,631 1958 696,504 1994 1,889,517 1923 203,082 1959 811,508 1995 1,775,429 1924 214,452 1960 824,266 1996 1,737,460 1925 249,285 1961 892,697 1997 1,713,192 1926 286,421 1962 1,060,717 1998 1,649,110 1927 326,864 1963 1,347,000 1999 1,579,426 1928 320,861 1964 1,423,235 2000 1,621,697 1929 357,893 1965 1,424,000 2001 1,603,733 1930 348,116 1966 1,427,461 2002 1,581,846 1931 263,685 1967 1,631,193 2003 1,645,174 1932 255,487 1968 1,606,582 2004 1,662,029 1933 245,759 1969 1,714,803 2005 1,682,573 1934 254,457 1970 1,818,816 2006 1,729,583 1935 274,313 1971 1,809,091 2007 1,704,414 1936 280,481 1972 1,806,907 2008 1,817,938 1937 296,260 1973 1,889,751 2009 1,794,008 1938 263,164 1974 1,766,162 2010 1,598,435 1939 250,875 1975 1,729,843 2011 1,554,452 1940 257,626 1976 1,735,941 Source: Oklahoma Tax Commission Page 10 OKLAHOMA CORPORATION COMMISSION Oil and Gas Conservation Division Natural Gas Price Oklahoma Average National Gas Price (1950 - 2011) $8.00 $7.00 $6.00 $5.00 $4.00 $3.00 PRICE PER BARREL PRICE PER BARREL $2.00 $1.00 $0.00 1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 CALENDAR YEAR Page 11 OKLAHOMA CORPORATION COMMISSION Oil and Gas Convservation Division Oklahoma Average Annual Natural Gas Price Year Price per Mcf Year Price per Mcf 1950 $0.06 1981 $1.87 1951 $0.08 1982 $2.73 1952 $0.07 1983 $2.80 1953 $0.08 1984 $2.67 1954 $0.09 1985 $2.47 1955 $0.09 1986 $1.71 1956 $0.09 1987 $1.46 1957 $0.10 1988 $1.50 1958 $0.10 1989 $1.52 1959 $0.11 1990 $1.57 1960 $0.12 1991 $1.47 1961 $0.13 1992 $1.63 1962 $0.14 1993 $1.76 1963 $0.14 1994 $1.67 1964 $0.15 1995 $1.44 1965 $0.15 1996 $2.15 1966 $0.15 1997 $2.29 1967 $0.15 1998 $1.84 1968 $0.15 1999 $2.06 1969 $0.15 2000 $3.67 1970 $0.15 2001 $4.03 1971 $0.16 2002 $2.93 1972 $0.17 2003 $4.92 1973 $0.18 2004 $5.49 1974 $0.23 2005 $7.10 1975 $0.32 2006 $6.10 1976 $0.50 2007 $6.23 1977 $0.79 2008 $7.31 1978 $0.90 2009 $3.52 1979 $1.11 2010 $4.62 1980 $1.49 2011 $5.43 Source: Oklahoma Tax Commission Page 12 OKLAHOMA CORPORATION COMMISSION Oil and Gas Conservation Division State Oil Production Oklahoma Oil Production (1900 - 2011) 300,000,000 250,000,000 200,000,000 BARRELS 150,000,000 100,000,000 50,000,000 0 CALENDAR YEAR Page 13 OKLAHOMA CORPORATION COMMISSION Oil and Gas Conservation Division Oil Production TOTAL LIQUID TOTAL LIQUID TOTAL LIQUID YEAR PRODUCTION (BBLS) YEAR PRODUCTION (BBLS) YEAR PRODUCTION (BBLS) 1891-1899 4,000 1937 221,946,000 1975 163,116,645 1900 6,000 1938 168,949,000 1976 161,425,884 1901 10,000 1939 153,497,000 1977 156,381,884 1902 37,000 1940 149,992,000 1978 150,896,634 1903 139,000 1941 152,100,000 1979 143,611,874 1904 1,367,000 1942 137,831,000 1980 149,700,286 1905 8,264,000 1943 121,418,000 1981 153,140,972 1906 18,091,000 1944 124,405,000 1982 158,227,252 1907 43,524,000 1945 139,563,000 1983 158,664,705 1908 45,799,000 1946 136,796,000 1984 168,603,873 1909 47,859,000 1947 142,035,000 1985 162,738,897 1910 52,029,000 1948 155,245,000 1986 149,106,240 1911 56,070,000