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Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

Birchcliff Energy Ltd. is a Canada-based intermediate oil and natural gas company. The Company is engaged in the exploration for and the development, production and acquisition of oil and gas reserves in Western Canada. The Company’s operations are focused on the Montney/Doig Resource Play in Alberta. Its operations are concentrated in the Peace River Arch area of Alberta. The Company has a 100% working interest in its Pouce Coupe Gas Plant and two oil batteries, as well as various working interests in numerous other gas plants, oil batteries, compressors, facilities and infrastructure. Its Pouce Coupe Gas Plant, which is licensed to process up to 340 million cubic feet per day (MMcf/d) of natural gas, is located in the heart of the Corporation's Montney/Doig Resource Play.


TSX:BIR - Post by User

Bullboard Posts
Post by fergus2on Mar 06, 2014 10:48am
161 Views
Post# 22288768

EIA Weekly Natural Gas Storage Report

EIA Weekly Natural Gas Storage Report
‹ See All Natural Gas Reports

Weekly Natural Gas Storage Report

for week ending February 28, 2014 | Released: March 6, 2014 at 10:30 a.m. | Next Release: March 13, 2014

Working gas in underground storage, lower 48 states Summary textCSVJSN
Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(02/28/13)
5-Year average
(2009-2013)
Region 02/28/14 02/21/14 net change implied flow (Bcf) % change (Bcf) % change
East 525 607 -82 -82 933 -43.7 895 -41.3
West 190 217 -27 -27 346 -45.1 304 -37.5
Producing 481 524 -43 -43 825 -41.7 754 -36.2
Salt 88 96 -8 -8 193 -54.4 131 -32.8
Nonsalt 393 428 -35 -35 633 -37.9 623 -36.9
Total 1,196 1,348 -152 -152 2,104 -43.2 1,954 -38.8

Summary

Working gas in storage was 1,196 Bcf as of Friday, February 28, 2014, according to EIA estimates. This represents a net decline of 152 Bcf from the previous week. Stocks were 908 Bcf less than last year at this time and 758 Bcf below the 5-year average of 1,954 Bcf. In the East Region, stocks were 370 Bcf below the 5-year average following net withdrawals of 82 Bcf. Stocks in the Producing Region were 273 Bcf below the 5-year average of 754 Bcf after a net withdrawal of 43 Bcf. Stocks in the West Region were 114 Bcf below the 5-year average after a net drawdown of 27 Bcf. At 1,196 Bcf, total working gas is below the 5-year historical range.

Working Gas in Underground Storage Compared with 5-Year Range

Note: The shaded area indicates the range between the historical minimum and maximum values for the weekly series from 2009 through 2013.
Source: Form EIA-912, "Weekly Underground Natural Gas Storage Report." The dashed vertical lines indicate current and year-ago weekly periods.

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