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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 Apr 24, 2014 10:43am
204 Views
Post# 22485978

Weekly Natural Gas Storage Report for April 18, 2014

Weekly Natural Gas Storage Report for April 18, 2014

Weekly Natural Gas Storage Report

for week ending April 18, 2014 | Released: April 24, 2014 at 10:30 a.m. | Next Release: May 1, 2014

Working gas in underground storage, lower 48 states Summary textCSVJSN
Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(04/18/13)
5-Year average
(2009-2013)
Region 04/18/14 04/11/14 net change implied flow (Bcf) % change (Bcf) % change
East 328 311 17 17 683 -52.0 798 -58.9
West 178 168 10 10 334 -46.7 305 -41.6
Producing 393 371 22 22 712 -44.8 805 -51.2
Salt 89 76 13 13 186 -52.2 164 -45.7
Nonsalt 304 295 9 9 526 -42.2 641 -52.6
Total 899 850 49 49 1,730 -48.0 1,907 -52.9

Summary

Working gas in storage was 899 Bcf as of Friday, April 18, 2014, according to EIA estimates. This represents a net increase of 49 Bcf from the previous week. Stocks were 831 Bcf less than last year at this time and 1,008 Bcf below the 5-year average of 1,907 Bcf. In the East Region, stocks were 470 Bcf below the 5-year average following net injections of 17 Bcf. Stocks in the Producing Region were 412 Bcf below the 5-year average of 805 Bcf after a net injection of 22 Bcf. Stocks in the West Region were 127 Bcf below the 5-year average after a net addition of 10 Bcf. At 899 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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