Dominion Power 2013 Annual Report Download - page 9

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MARCELLUS AND UTICA SHALE
• Agreements with CONSOL Energy and Triana Energy
LLC to lease about 100,000 acres under Dominion’s
gas storage fields.
• Payments to Dominion totaling about $200 million
over the next nine years.
• Overriding royalty interest in any gas produced there.
• 250,000 dekatherms per day in firm transportation
associated with the project.
GROWTH PLAN UPDATE: MARCELLUS FARMOUT
11 DOMINION RESOURCES, INC.
UTICA SHALE DEVELOPMENT*
MARCELLUS AND UTICA SHALE PRODUCTION VS. INCREMENTAL
PIPELINE CAPACITY TO EXTERNAL MARKETS*
Billion cubic feet per day (Bcf/d)
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
* External markets include New England,
Mid-Atlantic, South Atlantic, Gulf Coast,
Midwest and Canadian markets.
** Wood Mackenzie, Fall 2013 natural gas
long-term view.
*** Projects under construction or fully
subscribed.
Pipeline capacity source, company
websites and internal research revised
Jan. 20, 2014.
25
20
15
10
5
0
FUTURE
PIPELINE
TAKEAWAY
OPPORTUNITIES
Bcf/d
1000
800
600
400
200
0
MAR APR MAY JUNE JULY AUG SEPT OCT NOV DECFEBJAN
2013 Data
Number of Wells
Utica Production**
Potential Reallocation
of Traditional Gulf to
Appalachian Pipelines
~ 3.0 Bcf/d
Incremental Firm***
PipelineTakeAway
Capacity 9.4 Bcf/d
* Due to the 2010 sale of our Appalachian E&P operations,
Dominion no longer has any significant gas and oil production properties.
Marcellus Production**
Future Pipeline Takeaway
Opportunities
Permitted
Drilled
Producing
OHIO
PENNSYLVANIA
FARMOUT
ACREAGE
WEST VIRGINIA