Michigan Gas Storage Unit Agreement (Establish Unit on Depleted Producing Property)
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FAQ
Natural gas consumed in Michigan comes from gas and oil fields located primarily in Michigan's Lower Peninsula, the Texas-Oklahoma Panhandle, on and off-shore Louisiana, and Alberta, Canada. Gas producers use the knowledge gained in the United States over the past 150 years to explore for natural gas fields.
Michigan Quick Facts Michigan has 44 natural gas storage fields with almost 1.1 trillion cubic feet of underground storage capacity, more than any other state and almost one-eighth of the nation's natural gas storage capacity.
World Gas Reserves The world has proven reserves equivalent to 52.3 times its annual consumption. This means it has about 52 years of gas left (at current consumption levels and excluding unproven reserves).
The largest single storage field is DTE Energy's Washington 10 field under Romeo, a 68.5 billion cubic feet field north of a 59-mile natural gas pipeline between Milford and Belle River.
The whole tank floats in a circular or annular water reservoir, held up by the roughly constant pressure of a varying volume of gas, the pressure determined by the weight of the structure, and the water providing the seal for the gas within the moving walls.
Natural Gas Storage - Storage Fields The working gas requirement is generally about 50% of the total reservoir capacity. Gas is withdrawn in winter season and injected in summer. This type of storage facility can be used for long system supply or peak day.
The U.S. has approximately 5 Tcf of natural gas storage capacity that is capable of delivering up to 1182 Bcf/d of natural gas supplies.
Assuming the same annual rate of U.S. dry natural gas production in 2021 of about 34.52 Tcf, the United States has enough dry natural gas to last about 86 years.