Saturday, December 28, 2024

Weekly Gas Storage: Inventories increase by 97 Bcf

Natural Gas Inventories as of October 13, 2023

The EIA has released its natural gas inventory report, showing a net increase of 97 Bcf as of October 13, 2023.

Working gas in storage was 3,626 Bcf as of Friday, October 13, 2023, according to EIA estimates. This represents a net increase of 84 Bcf from the previous week. Stocks were 300 Bcf higher than last year at this time and 175 Bcf above the five-year average of 3,451 Bcf.

At 3,626 Bcf, total working gas is within the five-year historical range.

 

Weekly Gas Storage: Inventories decrease by 97 Bcf- oil and gas 360
Oil and Gas 360

 

Working gas in underground storage, Lower 48 states
Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(10/13/22)
5-year average
(2018-22)
Region 10/13/23
10/06/23 net change implied flow Bcf % change Bcf % change
East 896 874 22 22 808 10.9 855 4.8
Midwest 1,050 1,021 29 29 982 6.9 1,012 3.8
Mountain 248 244 4 4 194 27.8 206 20.4
Pacific 280 278 2 2 249 12.4 277 1.1
South Central 1,152 1,112 40 40 1,093 5.4 1,101 4.6
   Salt 285 267 18 18 268 6.3 273 4.4
   Nonsalt 868 845 23 23 825 5.2 827 5.0
Total 3,626 3,529 97 97 3,326 9.0
3,451 5.1
Totals may not equal sum of components because of independent rounding.

All regions experienced a net increase, except for the Pacific region with no change.

All regions are above the five-year average.

 

 

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