The Ohio Oil & Gas Association

The DeBrosse Memorial Report:

2013 Oil & Gas Activity in Ohio

67th Annual Winter Meeting

March 6th, 2014 - Columbus, Ohio

History of Ohio Wells Drilled by Year and Reservoir

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188

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92

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92

01

1

BEREA OHIO SHALE CLINTON TRENTON ROSE RUN CAMBRIAN

NW Ohio Lima-

Indiana

Trenton Play

Technologic Advance:

Hydraulic Fracturing

Clinton/Berea Plays

Morrow County

Trempealeau Play

Clinton Play

Tight Gas

Sands

Clinton Play

H.B. 278

2013

Permits to Drill

Completions

Permits to Plug

Permits 2010 – 2013

TYPE 2010 2011 2012 2013 %

Permit 651 690 903 1000 +97 +11%

Completion 427 460 553 580 +27 +5%

Plug 740 571 473 630 +157 +33%

Total Permits 1512 1533 1929 2210 +358 +15%

Well Drilled (Completed)

Utica and Marcellus

Shale, [VALUE],

[PERCENTAGE]

Conventional, [VALUE],

[PERCENTAGE]

Permits and Completions By Month

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Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Permit

Completion

Plug

2013 Counts

Completions

Permits to Drill

Permits to Plug

Wells Drilled (Completions) by Month

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Hcomp Ccomp

2013

Horizontal Completions

By Formation

Owners Drilling Wells (all wells)

116

127

147

162

182

143

126 121

112 113

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2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Top Ten Most Active Owners

Company

Chesapeake Exploration 159

Eclipse Resources 30

Enervest Operating 26

Gulfport Energy 25

Knox Energy 21

Hess Ohio 13

Northwood Energy Corp 12

NGO Development Corp 10

R E Gas Development 9

PAC Drilling 9

Bass Energy Co Inc 9

Company

Chesapeake Exploration 1,723,759

Gulfport Energy Corp 316,333

Enervest Operating, LLC 155,141

Hess Ohio 134,478

Eclipse Resources 124,828

Antero Resources Appa. 114,992

R E Gas Development 99,978

PDC Energy 74,064

CNX Gas Company 68,898

NGO Development Corp 55,218

By Well: By Footage Drilled:

Most active Owner drilled 37 wells in 2011, 158 in 2012

Wells Drilled by County, Top Ten

County Count

Carroll 113

Harrison 40

Stark 39

Knox 37

Noble 33

Coshocton 32

Guernsey 25

Licking 23

Monroe 20

Summit 20

County Footage

Carroll 1,489,957

Harrison 474,684

Noble 210,049

Stark 208,051

Belmont 171,845

Guernsey 162,079

Monroe 153,295

Coshocton 134,802

Columbiana 104,090

Knox 95,833

By Well: By Footage Drilled:

Drilling Footage

Year Footage Change %

2010 1,718,768

2011 1,994,203 +275,435 +16%

2012 3,534,675 +1,540,472 +77%

2013 4,000,601 +465,926 +13%

580 wells, average of 6,898 DTD (+1,243 greater than 2012)

Permitted Formations

Berea, 43, 7%

Clinton, 118, 20%

Knox, 50, 9%

Marcellus, 1, 0%

Ohio Shale, 18, 3%

Oriskany, 17, 3%

Other, 85, 15%

Trenton, 60, 10%

Utica, 188, 33%

Plugging 2002-2012 (actual) 2013 permits

581

500

572

818

577 598

498

432 429

355

473

630

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2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Change of Owners

3956

3379 3568

4411

2412

7438

3054

2274

5908

4758

1134

1696

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2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Production

Crude Oil bbl

2010 4,768,332

2011 4,647,524

2012 4,991,633

2013 estimated

9,732,923

Natural Gas mcf

2010 80,398,045

2011 82,965,746

2012 83,445,883

2013 estimated

203,027,500

Annual Natural Gas Equivalent (by formation)

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105

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YEAR

ANNUAL NATURAL GAS EQUIVALENT PRODUCTION BY FORMATION

ORDOVICIAN-CAMBRIAN KNOX & DEEPERORDOVICIAN TRENTON-BLACK RIVERORDOVICIAN SHALE (QUEENSTON-UTICA)SILURIAN CLINTON SANDSTONEDEVONIAN SHALE TO SILURIAN NEWBURGMISSISSIPPIAN BEREA & SHALLOWERUNKNOWN OR NOT REPORTEDPRODUCING WELL COUNT

Wells Producing by Year

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1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015

Wells Producing and Average Oil Price

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Wells Producing and Ave Natural Gas Price

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Wells Drilled by Year – Key US

Onshore Shale Plays

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199

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PA-Marcellus Utica

WV-Marcellus Barnett

Bakken Eagle Ford

AR - Fayetteville LA - Hanesville

Ohio’s Aging Production

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WELL AGE

AvgOfGAS

AvgOfOIL

CountOfAPI_WELLNO

Thank you!

Peter MacKenzie

pete@ooga.org