Weekly Natural Gas Storage Report 11/21

Working gas in storage was 3,873 Bcf as of Friday, November 16, 2012, according to EIA estimates. This represents a net decline of 38 Bcf from the previous week. Stocks were 24 Bcf higher than last year at this time and 168 Bcf above the 5-year average of 3,705 Bcf. In the East Region, stocks were 2 Bcf below the 5-year average following net withdrawals of 19 Bcf. Stocks in the Producing Region were 128 Bcf above the 5-year average of 1,147 Bcf after a net withdrawal of 12 Bcf. Stocks in the West Region were 43 Bcf above the 5-year average after a net drawdown of 7 Bcf. At 3,873 Bcf, total working gas is above the 5-year historical range.

Working gas stocks in the Producing Region, for the week ending November 16, 2012, totaled 1,275 Bcf, with 311 Bcf in salt cavern facilities and 964 Bcf in nonsalt cavern facilities. Working gas stocks increased 1 Bcf in the salt cavern facilities and decreased 13 in the nonsalt cavern facilities since November 9. An historical series of the salt and nonsalt subtotals of the Producing Region is available for download at: wngsr_producing_region_salt.xls.