Table 3. Projected Lower 48 Crude Oil and Natural Gas Production and Natural
Gas Wellhead
Prices in the Accelerated Depletion and Accelerated Depletion
with High
and Low World Oil Price Cases, 2005-2020
|
Analysis Case |
2005 |
2010 |
2015 |
2020 |
|
Lower 48 Natural Gas Production (Trillion Cubic Feet per Year) |
||||
|
Accelerated Depletion |
18.7 |
21.8 |
23.4 |
22.5 |
|
Accelerated Depletion with High World Oil Price |
18.9 |
22.2 |
23.8 |
23.0 |
|
Accelerated Depletion with Low World Oil Price |
18.6 |
21.7 |
22.9 |
21.9 |
|
Lower 48 Crude Oil Production (Million Barrels per Day) |
||||
|
Accelerated Depletion |
4.3 |
4.2 |
4.5 |
4.7 |
|
Accelerated Depletion with High World Oil Price |
4.5 |
4.5 |
4.9 |
5.3 |
|
Accelerated Depletion with Low World Oil Price |
4.0 |
3.9 |
3.9 |
4.1 |
|
Lower 48 Natural Gas Wellhead Price (1998 Dollars per Thousand Cubic Feet) |
||||
|
Accelerated Depletion |
2.48 |
2.62 |
3.13 |
4.12 |
|
Accelerated Depletion with High World Oil Price |
2.53 |
2.66 |
3.24 |
4.40 |
|
Accelerated Depletion with Low World Oil Price |
2.30 |
2.47 |
2.95 |
3.60 |
| Source: Energy Information Administration, Office of Integrated Analysis and Forecasting, National Energy Modeling System runs OGDEPL.D051200A, OGHWOP.D051200A, and OGLWOP.D051200A. | ||||
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File last modified: August 18, 2000
URL: http://www.eia.doe.gov/oiaf/servicerpt/depletion/table_3.html
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