Message-ID: <32534197.1075858451383.JavaMail.evans@thyme> Date: Thu, 7 Jun 2001 09:49:00 -0700 (PDT) From: rebrooks@earthlink.net To: ebrooks@rbac.com Subject: GPCM News: 6/7/01: More Rocky Mountain Drilling Restricted: AGA Storage Report Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Robert Brooks @ENRON X-To: ebrooks@rbac.com X-cc: X-bcc: X-Folder: \Vince_Kaminski_Jun2001_10\Deleted Items X-Origin: Kaminski-V X-FileName: vkamins.pst From http://www.enerfax.com: Study Says More Natural Gas Drilling Restricted More of the recoverable natural gas in the Rocky Mountains is off-limits to drilling than previously thought, according to a new DOE study. A review found that about 68% of the recoverable supplies in the Greater Green River Basin in southern Wyoming and northwestern Colorado, up to 79 Tcf, is either closed to drilling or under significant access restrictions. The conclusions are much higher than a similar 1999 study which said 40% was off limits. The US consumes about 23 Tcf of natural gas per year. The studied area covered almost 29 million acres of land with almost 160 Tcf of gas, of which 16 million acres with 117 Tcf was under federal ownership. Slightly over two-thirds of the recoverable federal natural gas in the study was either closed to development or available with restrictions. NATURAL GAS STORAGE REPORT Week Prev 5 Ending Prev Prev Year Year | Region | 6/01/01 | Week | Diff | % Full | Year | % Full|Average | Prod | 439 | 410 | 29 | 46% | 377 | 40% | 443 | East | 694 | 624 | 70 | 38% | 653 | 36% | 686 | West | 265 | 247 | 18 | 52% | 322 | 63% | 270 | Total | 1398 | 1281 | 117 | 42% | 1352 | 41% | 1399 Bob Brooks GPCM Natural Gas Market Forecasting System http://gpcm.rbac.com