Condensate Marketing Opportunities Stuart E. Nance Scene from the - PowerPoint PPT Presentation

WYOMING PIPELINE AUTHORITY May 20, 2008 Condensate Marketing Opportunities Stuart E. Nance Scene from the “World Famous” Pinedale Anticline VP, Marketing Sublette County, WY

Source – LIPPMAN CONSULTING Source –Bridger Pipeline – Tad True

Source –Bridger Pipeline – Tad True

Source –Bridger Pipeline – Tad True

Rockies Gas Production by Basin Source – LIPPMAN CONSULTING

Wyoming Producing Basins Source – Wyoming Pipeline Authority

Green River Basin SW Wyoming Pinedale Field Jonah Field LaBarge Platform Wamsutter Moxa Arch

Sublette County, Wyoming

SW WYOMING CONDENSATE • Pinedale and Jonah fields in Sublette County, WY • 6.4 MM Barrels Condensate produced in 2007 • Major Operators – • Pinedale – Ultra, Questar, Shell • Jonah – EnCana, BP • 2007 Average Daily Production Pinedale – 7,500 BOPD Jonah – 10,000 BOPD

Top 10 Oil Fields Wyoming - 2007 • JONAH 3,661,664 • SALT CREEK 2,958,904 • PINEDALE 2,737,828 • OREGON BASIN 2,496,632 • LOST SOLDIER 2,061,289 • SPRING CREEK SOUTH 1,568,596 • ELK BASIN 1,309,908 • HAMILTON DOME 1,306,444 • GARLAND 1,297,256 690,553 • CREEK 1,254,782 88,951 http://wogcc.state.wy.us/cfdocs/2007_stats.htm

Resource Potential • Pinedale - 240 MMBO of future production • Jonah – 80 MMBO of future production

SW WYOMING CONDENSATE • Pinedale and Jonah fields in Sublette County, WY • Major Operators – • Pinedale – Ultra, Questar, Shell • Jonah – EnCana, BP • Estimated Current Production

SW WYOMING CONDENSATE • Pinedale and Jonah fields in Sublette County, WY • Major Operators – • Pinedale – Ultra, Questar, Shell • Jonah – EnCana, BP • Estimated Current Production

NEW OUTLETS FOR CONDENSATE • Exports to Canada by Rail • Exports to Canada by Pipeline • Mid America and Overland Pass NGL Pipelines - to Mt. Belvieu, TX, Hobbs, NM, Conway, KS