We present new X-ray spectral data for the Seyfert 1.9 galaxy NGC 2992
obtained with the Advanced Satellite for Cosmology and Astrophysics (
ASCA). These data are combined with archival and published data to out
line a 16 year history of flux variability in the X-ray band. We find
that, while the 2-10 keV flux has decreased by a factor of similar to
20 in 16 yr, the flux of the Fe K alpha fluorescence line has decrease
d by only a factor of 2-3, and the inferred amount of Compton reflecti
on is 5 times stronger compared to the continuum than 16 yr ago. From
the delay in the response of the Fe K line and inferred Compton reflec
tion to decreases in the continuum flux, we estimate that the reproces
sed flux lags the continuum flux by similar to 10 yr, giving a distanc
e of similar to 3.2 pc to the reprocessor. The observed time delay, al
ong with the fact that the Fe K line is narrow (< 6600 km s(-1) FWHM),
essentially rules out reprocessing in an accretion disk. This implies
the existence of dense, neutral gas with N-H - 10(23)-10(25) Cm-2 wit
hin the central regions of the galaxy in addition to a disk, as might
be expected for a molecular torus. We find that the flux in the simila
r to 0.1-4 keV soft X-ray band has decreased by a factor of similar to
15 in 14 yr, similar to the flux in the 2-10 keV band. In addition, t
he ASCA data, when combined with prior spectral results, imply the pre
sence of a soft excess that is well modeled with partial covering of t
he nuclear continuum source. We have searched for and found no signifi
cant evidence for extended X-ray emission in the ROSAT HRI image of NG
C 2992. This lack of extent, coupled with the observed long-term varia
bility of the soft X-ray flux and spectral results for the soft excess
, imply that the soft X-ray emission from NGC 2992 is nuclear in origi
n and is not due to scattering.