American Oil and Gas Reporter - April 2015 - 31

original solutions to address the
interests of each community," Schuller
says. "Each of those customized
regulations and memorandums of
understanding allowed operators to
responsibly develop natural resources,
but also included stringent requirements
that addressed the unique interests in
each community."
Before coming to COGA, Schuller
served as a principal and vice president
with Tetra Tech, a national consulting
and engineering firm.
"Only time will tell where we are in
the arc of opposition and support for oil
and gas development," Schuller says.
"It is my hope that we have built a
critical mass of support across the state
with depth throughout our communities
that will allow us to continue to
successfully evolve responsible energy
production." r

Gas Storage Levels
Decrease By 477 Bcf

WASHINGTON-Underground
natural gas storage in the United States
stood at 1.461 trillion cubic feet on
March 27, 11.5 percent below the fiveyear average, according to the U.S.
Energy Information Administration.
That was down 477 billion cubic feet
from the 1.938 Tcf reported by EIA on
Feb. 20, which was 1.5 percent below
the five-year average. However, the
March 27 storage number was 628 Bcf
more than a year ago, when storage
stood at 833 Bcf.
EIA reports gas storage in the
producing region stood at 591 Bcf on
March 27, 13.8 percent below the fiveyear average and 133 Bcf less than the
724 Bcf reported in storage on Feb. 20,
which was 1.9 percent below the fiveyear average. The March 27 storage
number for the producing region was up
236 Bcf from a year ago.
In the eastern region, EIA reports,
gas storage on March 27 was 522 Bcf,
24.9 percent below the five-year
average and down 321 Bcf from the 843
Bcf reported in storage on Feb. 20,
which was 9.2 percent below the fiveyear average. The March 27 storage
number for the eastern region was up
205 Bcf, compared with a year earlier.
In the western region, EIA reports,
storage levels on March 27 were 348
Bcf, 29.4 percent above the five-year
average and down 23 Bcf from the 371
Bcf reported on Feb. 20, which was
22.8 percent above the five-year
average. The March 27 storage number
in the western region was up 187 Bcf
from a year ago. r

EIA Report Detects Dip
In Unconventional Oil

WASHINGTON-For the first time,
the U.S. Energy Information
Administration is projecting a decline in
crude oil production from three key
unconventional resource regions,
although the agency points out that total
U.S. oil production continues to rise.
EIA says its March Drilling
Productivity Report (DPR), "indicates a
change in the crude oil production
growth patterns in the Eagle Ford,
Niobrara and Bakken." The estimates,
which were issued March 9 and cover
March and April, "include the first
projected declines in crude oil
production in these regions since
publication of the DPR began in
October 2013," EIA reports.
The March DPR indicates
production falling in the Eagle Ford,
Niobrara and Bakken by a combined
24,023 barrels a day in April.
"However," EIA continues, "with
production gains continuing in other
regions, particularly the Permian,
overall crude oil production in regions
tracked by the DPR rose slightly in
March to 5.6 million barrels a day.
Total production in the DPR regions in
April is expected to be virtually
unchanged from its March level."
The March DPR projects April
production in the Permian will rise
21,254 bbl/d, while production in all
other DPR regions will increase 3,067
bbl/d.
EIA says its DPR results "show
sharp decreases in rig counts in all
regions, starting in January and
February of this year," adding, "The
effect on production depends on the
productivity of the remaining rigs.
"For example," EIA observes,
"falling crude oil prices during the
2008-09 recession led to decreases in
rig counts, but not decreases in
production. At that time, lower rig
counts were more than offset by
increases in the productivity of the
remaining rigs. Because the base level
of rig performance is so much higher
now than several years ago, it is not
clear that productivity gains will offset
rig count declines to the same degree as
in 2008-09." Ì

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APRIL 2015 31



American Oil and Gas Reporter - April 2015

Table of Contents for the Digital Edition of American Oil and Gas Reporter - April 2015

Contents
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American Oil and Gas Reporter - April 2015 - Cover3
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