Table 1.  Projected Lower 48 Crude Oil and Natural Gas Production and Natural Gas Wellhead 
Prices in the Reference and Accelerated Depletion Cases, 2005-2020

Analysis Case

2005

2010

2015

2020

Lower 48 Natural Gas Production (Trillion Cubic Feet per Year)

       

  Reference

18.9

22.2

24.7

26.0

  Accelerated Depletion

18.7

21.8

23.4

22.5

Lower 48 Crude Oil Production (Million Barrels per Day)

       

  Reference

4.3

4.5

4.8

5.0

  Accelerated Depletion

4.3

4.2

4.5

4.7

Lower 48 Natural Gas Wellhead Price (1998 Dollars per Thousand Cubic Feet)

       

  Reference

2.40

2.48

2.68

2.79

  Accelerated Depletion

2.48

2.62

3.13

4.12

Source: Energy Information Administration, Office of Integrated Analysis and Forecasting, National Energy Modeling System runs OGBASE.D051200A and OGDEPL.D051200A.

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File last modified: August 18, 2000

URL: http://www.eia.doe.gov/oiaf/servicerpt/depletion/table_1.html

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