Tuesday, December 17, 2024

Weekly Gas Storage: 89 Bcf build

Natural Gas Inventories as of October 25, 2019

The EIA has released its natural gas inventory report, showing a build of 89 Bcf.

Working gas in storage was 3,695 Bcf as of Friday, October 25, 2019, according to EIA estimates. This represents a net increase of 89 Bcf from the previous week. Stocks were 559 Bcf higher than last year at this time and 52 Bcf above the five-year average of 3,643 Bcf.

At 3,695 Bcf, total working gas is within the five-year historical range.

Weekly Gas Storage: 89 Bcf build - oil and gas 360
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Click the above image to view EnerCom’s interactive inventories dashboards


Working gas in underground storage, Lower 48 states
Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(10/25/18)
5-year average
(2014-18)
Region 10/25/19 10/18/19 net change implied flow Bcf % change Bcf % change
East 913 898 15 15 826 10.5 895 2.0
Midwest 1,095 1,069 26 26 953 14.9 1,057 3.6
Mountain 211 208 3 3 180 17.2 211 0.0
Pacific 298 297 1 1 262 13.7 324 -8.0
South Central 1,178 1,134 44 44 916 28.6 1,156 1.9
   Salt 293 268 25 25 232 26.3 317 -7.6
   Nonsalt 885 866 19 19 685 29.2 840 5.4
Total 3,695 3,606 89 89 3,136 17.8 3,643 1.4
Totals may not equal sum of components because of independent rounding.

All regions experienced a net increase this week.

Stocks in every region except the Pacific and South Central Salt are above the five-year average.  The Pacific region is the farthest below the five-year average, at 8% below the average.

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