|
|
|
This chart demonstrates the historical and
current production of coal bed natural gas within three counties of the
Powder River Basin. The first
noticeable production of coal bed natural gas in in the Basin, was Campbell
County, in 1997. Production grew
an at an annual average of about 360% annually until 2002, leveling and
peaking in 2003. That peak year
of production was seven years after first significant production. Production started to decline in 2004
and has continued a steady annual decrease of about 4.25% . It appears production for Campbell
County, in 2007, compared with 2006, may accelerate that decline with a 25%
annual decrease.
|
|
Johnson County
production is growing rapidly. This chart would reflect a 45% increase in production,
comparing 2006 with 2007.
Since 2002 to 2007, Johnson County, shows an annual average production
growth of 610%, nearly double the annual growth of Campbell County. When will Johnson
County reach its peak production year?
If Johnson County
production follows the same pattern as Campbell County, then that peak year
would be 2009.
|
|
|
|
Sheridan County may
have reached its peak production in 2006. If the 2007 projection is reasonably
accurate, the production for 2007
will be 45,579,423 Mcf.
This would be a 20% decrease from 2006. Therefore, it appears Sheridan County
production may have peaked the
sixth year, whereas Campbell County peaked at seven. Only tracking production over time
will show us the expected end of coal bed natural gas production..
|