KS Dept of Revenue Property Valuation Division Director’s Update November 14, 2011 Topeka, KS
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Transcript of KS Dept of Revenue Property Valuation Division Director’s Update November 14, 2011 Topeka, KS
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