Weekly Natural Gas Storage Report 1/10

Working gas in storage was 3,316 Bcf as of Friday, January 4, 2013, according to EIA estimates. This represents a net decline of 201 Bcf from the previous week. Stocks were 88 Bcf less than last year at this time and 320 Bcf above the 5-year average of 2,996 Bcf. In the East Region, stocks were 93 Bcf above the 5-year average following net withdrawals of 113 Bcf. Stocks in the Producing Region were 156 Bcf above the 5-year average of 996 Bcf after a net withdrawal of 61 Bcf. Stocks in the West Region were 71 Bcf above the 5-year average after a net drawdown of 27 Bcf. At 3,316 Bcf, total working gas is within the 5-year historical range.

Working gas stocks in the Producing Region, for the week ending January 4, 2013, totaled 1,152 Bcf, with 283 Bcf in salt cavern facilities and 870 Bcf in nonsalt cavern facilities. Working gas stocks decreased 19 Bcf in the salt cavern facilities and decreased 41 in the nonsalt cavern facilities since December 28. An historical series of the salt and nonsalt subtotals of the Producing Region is available for download at: wngsr_producing_region_salt.xls.