Weekly Natural Gas Storage Report 3/29

Working gas in storage was 2,437 Bcf as of Friday, March 23, 2012, according to EIA estimates. This represents a net increase of 57 Bcf from the previous week. Stocks were 816 Bcf higher than last year at this time and 900 Bcf above the 5-year average of 1,537 Bcf. In the East Region, stocks were 403 Bcf above the 5-year average following net injections of 25 Bcf. Stocks in the Producing Region were 392 Bcf above the 5-year average of 627 Bcf after a net injection of 34 Bcf. Stocks in the West Region were 104 Bcf above the 5-year average after a net drawdown of 2 Bcf. At 2,437 Bcf, total working gas is above the 5-year historical range.


Working gas stocks in the Producing Region, for the week ending March 23, 2012, totaled 1,019 Bcf, with 249 Bcf in salt cavern facilities and 770 Bcf in nonsalt cavern facilities. Working gas stocks increased 17 Bcf in the salt cavern facilities and increased 18 Bcf in the nonsalt cavern facilities, since March 16. An historical series of the salt and nonsalt subtotals of the Producing Region, dating back to January 7, 2011, is available for download at: wngsr_producing_region_salt.xls.