Page 0 WYOMING’S NATURAL GAS – At a Glance October 26, 2004

Page <#> 1

WYOMING’S NATURAL GAS – At a Glance

October 26, 2004

2

Introduction to the Authority

Bryan Hassler -- Executive Director

Carla Hubbard – Administrator

Gregg Detweiller – Technical Analyst

Colby Drechsel – Technical Analyst

Board MembersBoard Members:

Mark Doelger - Chairman 

Marc Randal Strahn - Vice Chairman

 Tom Swanson - Board Member

 Jim Nielson - Board Member

Jim Peck - Board Member

Overview

Pipeline Capacity & Throughput

Market Prices

Vintage Graphs – Natural Gas & Oil Production

• Statewide

• Major Production Areas

• County

Rig Counts - Major Production Areas & County

Future Commitments

4

Natural Gas Pipelines & Volume of Remaining Supply (Tcf)

OpalOpal

190

182

33

171

7

97

45

161

22

21

72

The pipeline system is underbuilt in relation to the natural gas resource in the Central Rocky Mountains. This gas supply is underutilized and undervalued as a consequence of lack of pipeline capacity.

5

WYOMING INTERSTATE PIPELINES

DAILY TOTAL EXPORT

4,200,000

4,300,000

4,400,000

4,500,000

4,600,000

4,700,000

4,800,00010

/2/2

004

10/3

/200

4

10/4

/200

4

10/5

/200

4

10/6

/200

4

10/7

/200

4

10/8

/200

4

10/9

/200

4

10/1

0/20

04

10/1

1/20

04

10/1

2/20

04

10/1

3/20

04

10/1

4/20

04

10/1

5/20

04

10/1

6/20

04

10/1

7/20

04

10/1

8/20

04

10/1

9/20

04

10/2

0/20

04

Amou

nt o

f Gas

- Mc

f

Kern River

Northwest Pipeline

6

Looking For Pipeline Export Capacity?

Wednesday, October 20, 2004

Cheyenne Hub – Rockport/Chalk Point

Design Volume (Mcf) 2,150,063

Operational Volume (Mcf) 2,170,757

Scheduled Volume (Mcf) 1,986,299

Est. Available Volume (Mcf) 184,459

% Utilized - 92%

8

Northern Wyoming

Wednesday, October 20, 2004

Colorado Interstate Gas to Montana (Summer Only)

Design Volume (Mcf) 105,000

Operational Volume (Mcf) 105,000

Scheduled Volume (Mcf) 92,270

Est. Available Volume (Mcf) 12,730

% Utilized - 88%

10

Southwest Wyoming

Wednesday, October 20, 2004

Kern River Gas Transmission to Salt Lake City

Design Volume (Mcf) 1,709,080

Operational Volume (Mcf) 1,990,000

Scheduled Volume (Mcf) 1,292,437

Est. Available Volume (Mcf) 697,563

% Utilized - 65%

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ONEOK’s Kansas Gas Service350 Mmcfd

KM’s Interstate Gas Transmission

80 Mmcfd

El Paso’s ANR Pipeline Co.756 Mmcfd

Southern Star Central380 Mmcfd

KM’s Natural Gas Pipeline of America

1,200 Mmcfd

MidAmerican Energy240 Mmcfd

Panhandle Energy945 Mmcfd

Greensburg, KS3.95 Bcfd

Take Away Design Capacities at Greensburg, KS

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ONEOK’s Kansas Gas Service230 Mmcfd

66%

KM’s Interstate Gas Transmission

1.2 Mmcfd1.6%

El Paso’s ANR Pipeline Co.74 Mmcfd

10%

Southern Star Central231 Mmcfd

61%

KM’s Natural Gas Pipeline of America

243 Mmcfd20%

MidAmerican Energy32 Mmcfd

13%

Panhandle Energy163 Mmcfd

17%

Greensburg, KS0.98 Bcfd

25%

Available Capacities and Percent Underutilization at Greensburg, KS on 10/19/04

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Data Source: Enserco Energy Inc.

15

16

Wyoming Vintage Production

Vintage Decline by First Year of Production

Wyoming - Statewide

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

3,500,000

4,000,000

4,500,000

Jan-

90

Jan-

91

Jan-

92

Jan-

93

Jan-

94

Jan-

95

Jan-

96

Jan-

97

Jan-

98

Jan-

99

Jan-

00

Jan-

01

Jan-

02

Jan-

03

Jan-

04

Gas

Pro

duct

ion

- M

cfd

Pre-1990 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004

17

Vintage Decline by First Year of Production

Wyoming - Statewide

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

Jan-

97

Jul-97

Jan-

98

Jul-98

Jan-

99

Jul-99

Jan-

00

Jul-00

Jan-

01

Jul-01

Jan-

02

Jul-02

Jan-

03

Jul-03

Jan-

04

Oil P

rodu

ctio

n - Bb

ls/d

Pre-1997 1997 1998 1999 2000 2001 2002 2003 2004

18

Vintage Production – Major Production Areas

Vintage Decline by First Year of Production

J onah/Pinedale Anticline

0

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

Jan-

96

Jul-9

6

Jan-

97

Jul-9

7

Jan-

98

Jul-9

8

Jan-

99

Jul-9

9

Jan-

00

Jul-0

0

Jan-

01

Jul-0

1

Jan-

02

Jul-0

2

Jan-

03

Jul-0

3

Jan-

04

Gas

Prod

uctio

n - M

cfd

Pre-1996 1996 1997 1998 1999 2000 2001 2002 2003 2004

19

Vintage Decline by First Year of Production

Moxa Arch

0

100,000

200,000

300,000

400,000

500,000

600,000

700,000

Jan-

90

Jan-

91

Jan-

92

Jan-

93

Jan-

94

Jan-

95

Jan-

96

Jan-

97

Jan-

98

Jan-

99

Jan-

00

Jan-

01

Jan-

02

Jan-

03

Jan-

04

Gas P

rodu

ctio

n - M

cfd

Pre-1990 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004

20

Vintage Production – County

Vintage Decline by First Year of Production

Sublette County, WY

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

Jan-9

6

Jul-96

Jan-9

7

Jul-97

Jan-9

8

Jul-98

Jan-9

9

Jul-99

Jan-0

0

Jul-00

Jan-0

1

Jul-01

Jan-0

2

Jul-02

Jan-0

3

Jul-03

Jan-0

4

Gas

Pro

duct

ion - M

cfd

Pre-1996 1996 1997 1998 1999 2000 2001 2002 2003 2004

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Top Producing Fields – Sublette County

Field Gas Mcf 2002

Gas Mcf 2003

Annual % Change

Area

Jonah217,403,713 247,936,168 14% Farson - Hoback

Fogarty Creek149,765,206 161,012,934 8% Big Piney - Labarge Platform

Pinedale50,598,727 74,017,266 46% Farson - Hoback

Lake Ridge67,502,902 65,466,134 -3% Big Piney - Labarge Platform

Mesa Unit26,378,972 41,528,037 57% Farson - Hoback

Tip Top16,788,407 17,503,510 4% Big Piney - Labarge Platform

Fontenelle14,542,100 13,380,337 -8% Big Piney - Labarge Platform

Hogsback11,452,884 13,046,843 14% Big Piney - Labarge Platform

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Vintage Decline by First Year of Production

Johnson County, WY

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

Jan-

00

Apr-

00

Jul-0

0

Oct

-00

Jan-

01

Apr-

01

Jul-0

1

Oct

-01

Jan-

02

Apr-

02

Jul-0

2

Oct

-02

Jan-

03

Apr-

03

Jul-0

3

Oct

-03

Jan-

04

Apr-

04

Gas

Prod

uctio

n - M

cfd

Pre-2000 2000 2001 2002 2003 2004

23

Rig Counts – Major Production Areas

Monthly Rig Count

Hoback - Farson

0

5

10

15

20

25

30

Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec

Num

ber

of R

igs

1999 2000 2001 2002 2003 2004

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Rig Counts - County

Monthly Rig Count

Sublette County, WY

0

5

10

15

20

25

30

35

40

J an Feb Mar Apr May J un J ul Aug Sept Oct Nov Dec

Num

ber

of R

igs

1999 2000 2001 2002 2003 2004

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Future Commitments

Major Production Areas & County

• Permits – Weekly/Monthly

• Formation Production – Including Number of Penetrations and Pressure

• Revenue, Severance Tax, County Ad Valorem & Mineral Royalties

Natural Gas Price Projections

Pipeline Capacity Projections

Wyoming Natural Gas Price Index

Special Requests – Unique requests can be compiled for a specific geographical region. It would be more efficient to define your requests in terms of the Public Land Survey System since the data is organized in that manner.

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VISIT US!

THE WYOMING NATURAL GAS PIPELINE AUTHORITY

WWW.WYOPIPELINE.COM

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Contact InformationBryan Hassler - Executive Director

E-mail – uep1@comcast.netOffice (303) 748-6473

Fax (303) 948-1428

Carla Hubbard – AdministratorE-mail – wyomingpipelinea@qwest.net

Gregg Detweiler – Technical AnalystE-mail – gdetweiler@qwest.net

Colby Drechsel – Technical AnalystE-mail – cdrechsel@qwest.net

Or

152 N. Durbin Street – Suite 230Casper, Wyoming 82601

Office (307) 237-5009