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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 20, 2014 11:30am
184 Views
Post# 22346277

NG Storage Repoet

NG Storage Repoet

Weekly Natural Gas Storage Report

for week ending March 14, 2014 | Released: March 20, 2014 at 10:30 a.m. | Next Release: March 27, 2014

Working gas in underground storage, lower 48 states Summary textCSVJSN
Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(03/14/13)
5-Year average
(2009-2013)
Region 03/14/14 03/07/14 net change implied flow (Bcf) % change (Bcf) % change
East 395 430 -35 -35 790 -50.0 794 -50.3
West 167 169 -2 -2 339 -50.7 293 -43.0
Producing 391 402 -11 -11 756 -48.3 742 -47.3
Salt 62 54 8 8 179 -65.4 135 -54.1
Nonsalt 329 348 -19 -19 577 -43.0 607 -45.8
Total 953 1,001 -48 -48 1,885 -49.4 1,829 -47.9

Summary

Working gas in storage was 953 Bcf as of Friday, March 14, 2014, according to EIA estimates. This represents a net decline of 48 Bcf from the previous week. Stocks were 932 Bcf less than last year at this time and 876 Bcf below the 5-year average of 1,829 Bcf. In the East Region, stocks were 399 Bcf below the 5-year average following net withdrawals of 35 Bcf. Stocks in the Producing Region were 351 Bcf below the 5-year average of 742 Bcf after a net withdrawal of 11 Bcf. Stocks in the West Region were 126 Bcf below the 5-year average after a net drawdown of 2 Bcf. At 953 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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