Compiled by Tyler Losier, Energy Reporter, Oil & Gas 360
Natural Gas Inventories as of July 5, 2019
The EIA has released its natural gas inventory report, showing a build of 81 Bcf as of July 5.
Working gas in storage was 2,471 Bcf as of Friday, July 5, 2019, according to EIA estimates. This represents a net increase of 81 Bcf from the previous week. Stocks were 275 Bcf higher than last year at this time and 142 Bcf below the five-year average of 2,613 Bcf.
At 2,471 Bcf, total working gas is within the five-year historical range.
Working gas in underground storage, Lower 48 states | |||||||||||||||||||||||||
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Historical Comparisons | |||||||||||||||||||||||||
Stocks billion cubic feet (Bcf) |
Year ago (07/05/18) |
5-year average (2014-18) |
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Region | 07/05/19 | 06/28/19 | net change | implied flow | Bcf | % change | Bcf | % change | |||||||||||||||||
East | 544 | 526 | 18 | 18 | 477 | 14.0 | 561 | -3.0 | |||||||||||||||||
Midwest | 597 | 568 | 29 | 29 | 474 | 25.9 | 610 | -2.1 | |||||||||||||||||
Mountain | 140 | 134 | 6 | 6 | 142 | -1.4 | 165 | -15.2 | |||||||||||||||||
Pacific | 263 | 255 | 8 | 8 | 260 | 1.2 | 290 | -9.3 | |||||||||||||||||
South Central | 927 | 907 | 20 | 20 | 843 | 10.0 | 987 | -6.1 | |||||||||||||||||
Salt | 257 | 259 | -2 | -2 | 239 | 7.5 | 283 | -9.2 | |||||||||||||||||
Nonsalt | 669 | 648 | 21 | 21 | 604 | 10.8 | 704 | -5.0 | |||||||||||||||||
Total | 2,471 | 2,390 | 81 | 81 | 2,196 | 12.5 | 2,613 | -5.4 | |||||||||||||||||
Totals may not equal sum of components because of independent rounding. |
All regions experienced a net increase this week, however the South Central salt count declined by two. Stocks in every region are below the five-year average. Gas in storage in the Mountain region is the farthest below the five-year average for the area, at 15.2% below the average.