LOUISIANA ENERGY FACTS ANNUAL 2008 DEPARTMENT OF NATURAL RESOURCES Technology Assessment Division January 9, 2009 This issue of Louisiana Energy Facts Annual - 2008 is funded 100% ($6,050.00) with Petroleum Violation Escrow funds as part of the State Energy Conservation Program as approved by the U.S. Department of Energy and the Department of Natural Resources. This public document was published at a total cost of $6,050.00. 1,030 copies of this public document were published in this first printing at a total cost of $6,050.00 The total cost of all printings of this document, including reprints is $6,050.00. This document was published by the Department of Natural Resources, P.O. Box 94396, Baton Rouge, LA 70804-9396, to promulgate the State Energy Conservation Plan developed under authority of P.L. 94-163. This material was printed in accordance with the standards for printing by state agencies pursuant to R.S. 43:31. LOUISIANA ENERGY FACTS ANNUAL 2008 Department of Natural Resources Scott A. Angelle Secretary of Natural Resources Prepared by Manuel Lam, Senior Energy Analyst Technology Assessment Division T. Michael French, Director P.O. Box 94396 Baton Rouge, LA 70804-9396 E-mail: [email protected] WEB: www.dnr.louisiana.gov/tad January 9, 2009 General Questions and Comments The Louisiana Energy Facts Annual - 2008 (Annual) was published by the Technology Assessment Division of the Louisiana Department of Natural Resources under the direction of Manuel Lam. The division director is T. Michael French, William J. Delmar, Jr., is Assistant Director. General questions and comments regarding the Annual may be referred to Technology Assessment Division staff at (225) 342-1270. Questions concerning specific areas of the Annual may be directed to the Technology Assessment Division staff members listed below. Coal and lignite: Bill Delmar, Jr. Assistant Director (225) 342-5053 E-mail: [email protected] Oil & gas production, drilling, revenue, reserves, prices, and general energy statistic: Manuel Lam Program Manager (225) 342-8919 E-mail: [email protected] Petroleum refineries and alternative motor fuels: Bryan Crouch, P.E. Energy Engineer (225) 342-2122 E-mail: [email protected] Electric utilities, cogeneration, independent power producers: Patricia Nussbaum Senior Engineer (225) 342-7974 E-mail: [email protected] Additional copies of this document may be obtained by contacting: Department of Natural Resources Technology Assessment Division P.O. Box 94396 Baton Rouge, LA 70804-9396 Phone: (225) 342-1270 FAX: (225) 342-1397 E-mail: [email protected] Web: www.dnr.louisiana.gov/tad Table of Contents Page Introduction ..................................................................................................................... 1 2008 Highlights................................................................................................................ 3 Table PRODUCTION 1 Louisiana State Crude Oil Production (Excluding OCS) ....................................... 5 2 Louisiana State Condensate Production (Excluding OCS)................................... 6 3 Louisiana State Crude Oil and Condensate Production (Excluding OCS)............ 7 4 Louisiana Total Crude Oil and Condensate Production ....................................... 9 5 Louisiana State Oil Production by Tax Rates as Published in Severance Tax Reports.......................................................................................................... 10 6 United States OCS Crude Oil and Condensate Production................................ 12 7 United States Crude Oil and Condensate Production and Imports..................... 13 8 Louisiana State Royalty Oil, Gas and Plant Products Calculated Volumes, (Excluding OCS)............................................................................................ 14 9 Louisiana State Natural Gas Production, Wet after Lease Separation (Excluding OCS & Casinghead Gas)............................................................. 15 10 Louisiana State Casinghead Gas Production, Wet after Lease Separation (Excluding OCS)............................................................................................ 16 11 Louisiana State Gas Production, Wet after Lease Separation Natural Gas and Casinghead Gas (Excluding OCS) ..................................... 18 12 Louisiana Total Gas Production, Wet after Lease Separation Natural Gas and Casinghead Gas................................................................ 19 13 Louisiana Marketed and Dry Gas Production ..................................................... 20 14 Louisiana State Gas Production by Tax Rates as Published in Severance Tax Reports.......................................................................................................... 22 15 United States OCS Gas Production Natural Gas and Casinghead Gas ............. 23 16 United States Natural Gas and Casinghead Gas Production ............................. 25 PRICES 17 Louisiana Average Crude Oil Prices................................................................... 26 18 United States Average Crude Oil Prices............................................................. 28 19 Louisiana Natural Gas Wellhead Prices (MCF) .................................................. 29 19A Louisiana Natural Gas Wellhead Prices (MMBTU)............................................. 30 20 Louisiana Average Natural Gas Prices Delivered to Consumer (MCF) .............. 31 20A Louisiana Average Natural Gas Prices Delivered to Consumer (MMBTU)......... 32 21 United States Average Natural Gas Prices (MCF).............................................. 33 21A United States Average Natural Gas Prices (MMBTU) ........................................ 34 DRILLING 22 Louisiana State Oil and Gas Drilling Permits Issued by Type Excluding OCS.... 35 23 Louisiana Average Rigs Running ....................................................................... 37 24 Louisiana State Producing Crude Oil Wells Excluding OCS............................... 38 25 Louisiana State Producing Natural Gas Wells Excluding OCS........................... 40 26 Louisiana State Well Completion by Type and by Region Excluding OCS......... 41 Table Page REVENUE 27 Louisiana State Mineral Bonus, Rental and Royalty Override Revenues Excluding OCS .............................................................................................. 42 28 Louisiana State Mineral Royalty Revenue Excluding OCS................................. 43 29 Louisiana State Mineral Severance Tax Revenue Excluding OCS..................... 44 30 State Section 8(g) Revenue from Louisiana=s Outer Continental Shelf .............. 45 31 Louisiana State Total Mineral Revenue.............................................................. 46 32 Revenue to Federal Government Collected from Oil and Gas Leases in the Louisiana Outer Continental Shelf ....................................................... 47 RESERVES 33 Louisiana Estimated Crude Oil Proved Reserves, Excluding Lease Condensate ........................................................................ 48 34 Louisiana Estimated Lease Condensate Proved Reserves................................ 49 35 Louisiana Estimated Dry Natural Gas Proved Reserves .................................... 50 36 Louisiana Estimated Natural Gas Liquids Proved Reserves, Excluding Lease Condensate ........................................................................ 51 OTHER 37 Louisiana Nonagricultural Employment .............................................................. 52 38 Louisiana Energy Consumption Estimates by Source ........................................ 54 39 Louisiana Refinery’s Crude Oil Statistics............................................................ 55 40 Louisiana Electric Utilities Net Electricity Generation by Fuel Type.................... 57 List of Figures MAP Page Subdivisions of Louisiana...............................................................................................4 Figure 1 Louisiana State Oil Production, Actual and Forecasted Through Year 2030.........................................................................................8 2 2007 United States Oil Production by State ........................................................8 3 2006 Louisiana Petroleum Flow ........................................................................11 4 Louisiana State Gas Production, Actual and Forecasted Through Year 2030.......................................................................................17 5 2007 United States Marketed Gas Production by State ....................................17 6 2006 Louisiana Natural Gas Flow......................................................................21 7 Louisiana Oil Production and Price....................................................................24 8 Louisiana Gas Production and Price .................................................................24 9 Crude Oil Average Prices ..................................................................................27 10 Natural Gas Average Prices ..............................................................................27 11 Louisiana State Drilling Permits Issued, Federal OCS Excluded.......................36 12 Louisiana Average Active Rigs ..........................................................................36 13 2007 Percentage of Louisiana Oil Wells by Production Rates...........................39 14 2007 Percentage of Louisiana Gas Wells by Production Rates.........................39