Show Utah's Gas Reserves Show Slight Increase Gas reserves In Utah increased some billion cubic feet last year car ranking the State in first place among the wes western es cs tern r region glon states In terms of oC net net- gains i In reserves of ol gas CARLTON STOWE staff specialist of the Utah Geological and Mineral Minerai Surveys Survey's Sur Sur- Surveys Survey's veys vey's mineral information office cites released figures compiled by Pc- Pc Information Corporations in a special report show that Utah countered the rest of oC the western states stales in marking marking mark mark- ing up a gas reserve increase Only one other a moderate billion cubic feet teet The rest recorded definite decreases UTAH'S INCREASE resulted because of oC drilling and completion activity Inand in inand inand and along the Tertiary reservoirs of the Altamont Altamont Bluebell trend notes Mr l Stowe Successful development In this area arca of the Uintah Basin also directly resulted in placing Utah ahead by a wide margin in oil reserve gain last year of some million barrels in proved crude oil reserves found While the Rocky Mountain Region In general countered the national downtrend and showed a gain in crude oil reserves reserves reserves re re- re- re serves serves it followed the national pattern of diminishing natural gas and gas Even here the western states lost less than the nation as a whole in gas reserves NATIONWIDE THE PI study says gas reserves were down 45 per pcr cent In 1972 from 1971 while in the they declined by 34 percent Gas liquids during that period declined seven per percent percent percent cent nationally and 76 per cent in the Rocky Mountain Region Northwest New Mexico holds the rank as the number one reserve area of the western states despite a drop of billion cubic feet The decrease was fr from m a 1971 reserve reserve figure of trillion to to trillion cubic feet of gas nearly half of the reserves in the entire entire entire en en- tire Rocky Mountain Region UTAH'S NATURAL gas reserve pic pie picture picture ture looks like this at the end of 1971 proved reserves were cubic cubic cu cu- bic feet Proved reserves at the close of 1972 totalled 1022 trillion cubic feet a a. a net change in proved d reserves of billion cubic feet Actual production production production tion to the i Division of Oil and Gas' Gas Production Department was just under trillion cubic feet Utah second only to Nebraska also noted a positive i gain in proved reserves of natural gas liquids This gain was barrels over the previous year In 1971 the figure was barrels It increased to barrels during 1972 Improvements in the regional re- re s s lands land's gas I SI should take place in Utah's Alt Altamont mont and nd Blue Bluebell Bluebell bell fields when production and aDd gas handling handling hand hand- ling facilities reach full operation |