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Presentation Overview

“Perspectives on Montana’s Petroleum Industry” MREA-MPA-MONTAX “Bridges to the Future” Conference October 15, 2009 Dave Ballard President Ballard Petroleum Holdings LLC Billings, Montana. Presentation Overview. Industry Overview and Economic Contribution Meet the Producers

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Presentation Overview

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Presentation Transcript

  1. “Perspectives on Montana’s Petroleum Industry”MREA-MPA-MONTAX“Bridges to the Future” ConferenceOctober 15, 2009 Dave BallardPresidentBallard Petroleum Holdings LLCBillings, Montana

  2. Presentation Overview • Industry Overview and Economic Contribution • Meet the Producers • Producing Areas and Trends • Geologic Elements of an Oil Field • Field Examples and the Technology of Discovery and Production • Have We Reached Peak Production?

  3. The Petroleum Industry in Montana Transportation Refiners Service Companies Producers

  4. Crude Pipelines and Refineries Crude Source for Montana Refineries Montana 2%, Wyoming 13%, Canada 85% From:

  5. MSU-Billings Economic StudyMontana’s Petroleum Industry in 2008 Total economic impact: $9 BILLION 4,300 Direct Jobs, Wages: $245 million 7,500 Indirectly Supported Jobs Upstream Sector: 350 Operating Companies 3000 Direct Jobs including Service Companies Wages: $132 million State Production Taxes: $ 327 million

  6. Top 20 Producers for 2008

  7. Monthly Oil Production with Well Completion Year Identified (1994 and Later) Montana Board of Oil & Gas Conservation

  8. Monthly Gas Production with Well Completion Year Identified (1994 and Later) Montana Board of Oil & Gas Conservation

  9. Montana Monthly Oil Production Vertical vs. Horizontal WellsJanuary, 1986 through December, 2007

  10. Surface Structure Mapping Sub-Surface and Seismic Mapping Horizontal Drilling Statewide Oil Production History, 1916 through 2007 Montana Board of Oil & Gas Conservation

  11. MT Natural Gas Production 1986 through 2008 Montana Board of Oil & Gas Conservation

  12. Montana Production and Penetrations About 45,000 Wells Drilled 4400 Producing Oil Wells, 6500 Gas Wells Updated as of May, 2009

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