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AFMS April 2014 - Louisiana Resources & Issues

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LOGA Director of Marketing Ben Broussard presentation to AFMS Annual Conference in Lafayette, LA

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AFMS April 2014 - Louisiana Resources & Issues

  1. 1. State of Louisiana’s Oil & Gas Industry Ben Broussard Director of Marketing & membership Development Louisiana Oil & Gas Association (LOGA)
  2. 2. #SOI2014 Our Energy Renaissance Around the State Louisiana’s Roadblocks
  3. 3. #SOI2014#SOI2014
  4. 4. #SOI2014
  5. 5. #SOI2014 0 10 20 30 40 1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 2040 Shale Gas Tight gas Lower 48 Onshore Conventional Lower 48 Offshore Coalbed Methane Alaska SOURCE: EIA Annual Energy Outlook 2013 Shale Gas Revolutionizes the US
  6. 6. #SOI2014 It was just 6 years ago
  7. 7. #SOI2014 New & Emerging MarketsNew & Emerging Markets
  8. 8. #SOI2014 Name Location Capital Investment Sabine Pass Liquefaction (Cheniere) Cameron, LA $18B-$20B Lake Charles Exports (Energy Transfer / Trunkline) Lake Charles, LA Cameron LNG (Sempra) Cameron, LA $6B Main Pass Energy Hub, LLC (Freeport McMoran) 16 miles offshore LA $14B Cambridge Energy Plaquemines Parish, LA Waller LNG Cameron, LA Magnolia LNG Lake Charles, LA $2.2B Gasfin Development Cameron, LA Venture Global LNG Cameron Parish, LA Delfin LNG 30 miles off Cameron Parish, LA Louisiana LNG Energy Plaquemines Parish, LA TOTAL: $42.2 B Louisiana LNG Projects
  9. 9. #SOI2014#SOI2014 $3.20 $10.40 $13.00 $15.00 $15.38 $0 $4 $8 $12 $16 $20 US UK India China Japan US Natural Gas Considerably Less Expensive Source: FERC
  10. 10. #SOI2014
  11. 11. #SOI2014 MANUFACTURING RENAISSANCE $60 BILLION IN PROJECTS 200,000 JOBS and $9 BILLION IN WAGES
  12. 12. #SOI2014 Natural Gas Replacing Coal for Power Generation 0 550,000 1,100,000 1,650,000 2,200,000 1973 1976 1979 1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 Coal Natural Gas Oil
  13. 13. #SOI2014 Rigs drilling for gas decline Rigs drilling for oil increase 1,452 1,267 781 919 522 439 356316 346 427 777 1,427 1,318 1,416 0 400 800 1200 1600 08 09 10 11 12 13 14
  14. 14. Around the State
  15. 15. North Louisiana Haynesville Shale
  16. 16. North Louisiana North LA - 27
  17. 17. Tuscaloosa Marine Shale / Eagle Ford LA
  18. 18. South LA Land - 22
  19. 19. AverageAnnualSouthLALandRigActivity 2000-2011 37 44 32 29 30 32 38 34 26 15 16 26 26 16 22 0 12.5 25 37.5 50 2000 2002 2004 2006 2008 2010 2012 2014
  20. 20. South LA Land - 22
  21. 21. Ultra-Deep Frontier 25,000’ - 35,000’ Middle/Lower Miocene - Wilcox - Frio - Tuscaloosa - Davy Jones
  22. 22. Inland Waters - 18
  23. 23. Average Annual Inland Water Drilling Activity 2000 - 2013 16 20 16 14 18 23 19 24 26 9 14 16 17 20 18 0 6.5 13 19.5 26 32.5 2000 2002 2004 2006 2008 2010 2012 Current
  24. 24. Gulf of Mexico - 48
  25. 25. 0 53.3333 106.6666 159.9999 00 2 4 6 8 4/1/10 11 13 136 148 109104 93 89 86 71 63 42 61 31 32 46 49 49 GOM Rigs Prior Macondo Average Gulf of Mexico Rig Activity 2000 - 2013
  26. 26. #SOI2014
  27. 27. #SOI2014 SECOND WORST legal climate in the US Judicial Hellhole
  28. 28. #SOI2014#SOI2014 Louisiana Rig Activity In Decline 0 45 90 135 180 225 2005 2007 2009 2011 2013
  29. 29. Legacy Lawsuits Flood Protection Authority Parish Government Lawsuits #GiveEmTheBoot
  30. 30. The Number of Lawsuits in Louisiana 386 #GiveEmTheBoot
  31. 31. 24 64 44 29 8 13 5 11 14 13 19 12 2 3 2 2 2 3 4 117 5 14 4 2 6 7 2 9 7 10 2 2 3 8 Lawsuits by Parish #GiveEmTheBoot
  32. 32. #SOI2014 33 39 34 26 15 16 22 26 12 13 0 10 20 30 40 50 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Record Low South Louisiana Drilling
  33. 33. Education and Healthcare Losing Funding 0 3,000,000 6,000,000 9,000,000 12,000,000 0 25,000,000 50,000,000 75,000,000 100,000,000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Onshore Offshore #GiveEmTheBoot
  34. 34. #SOI2014 Our Energy Renaissance Around the State Louisiana’s Roadblocks
  35. 35. www.loga.la

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