The volume of working gas pulled from underground storage during the week ended Jan. 11, continued a roughly seven-month trend of in-ground gas remaining below the five-year average.
The latest Energy Information Administration survey revealed 81 billion cubic feet (Bcf) of working gas was pulled from storage during the week, with more than 2.53 trillion cubic feet (Tcf) remaining underground.
The Jan. 11 total was down 77 Bcf, or 3.0%, from the year-ago total of 2.61 Tcf, and was down 327 Bcf, or 11.4%, from the five-year average of 2.86 Tcf, Kallanish Energy reports. (All numbers are rounded.)
All five regions EIA divides the Lower 48 U.S. states into when tracking stored working gas reported a drop in product. The biggest draw was from the Midwest region, down 34 Bcf, or 4.5%, with 729 Bcf remaining in storage at Jan. 11.
The most recent Midwest total actually is up 3 Bcf, or 0.4%, from the year-ago total of 726 Bcf, but was down 40 Bcf, or 5.2%, from the five-year average of 769 Bcf.
Close behind the Midwest was the East region, down 31 Bcf, 4.8%, from 651 Bcf in storage during the week of Jan. 4, to 620 Bcf one week later.
The 620 Bcf East region total was down 1 Bcf, or 0.2%, from the year-ago total of 621 Bcf, and was down 46 Bcf, or 6.9%, from the five-year average of 666 Bcf.
The Mountain, Pacific and South Centra regions recorded just 17 Bcf pulled from underground.
https://www.shaledirectories.com/blog/stored-working-gas-remains-below-5-year-average/
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