ks dept of revenue property valuation division director’s update november 14, 2011 topeka, ks
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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. - PowerPoint PPT PresentationTRANSCRIPT
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
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 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
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