Saturday, December 28, 2024

Weekly Gas Storage: Inventories Grow by 102 Bcf

Natural Gas Inventories as of September 20, 2019

The EIA has released its natural gas inventory report, showing another build of 102 Bcf as of September 20.

Working gas in storage was 3,205 Bcf as of Friday, September 20, 2019, according to EIA estimates. This represents a net increase of 102 Bcf from the previous week. Stocks were 444 Bcf higher than last year at this time and 47 Bcf below the five-year average of 3,252 Bcf. At 3,205 Bcf, total working gas is within the five-year historical range.

Weekly Gas Storage: Inventories Grow by 102 Bcf - oil and gas 360
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At 3,205 Bcf, total working gas is at the five-year historical range.


Working gas in underground storage, Lower 48 states
Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(09/20/18)
5-year average
(2014-18)
Region 09/20/19 09/13/19 net change implied flow Bcf % change Bcf % change
East 794 763 31 31 726 9.4 803 -1.1
Midwest 934 898 36 36 796 17.3 913 2.3
Mountain 194 188 6 6 173 12.1 198 -2.0
Pacific 286 279 7 7 258 10.9 309 -7.4
South Central 998 974 24 24 809 23.4 1,030 -3.1
   Salt 207 200 7 7 175 18.3 261 -20.7
   Nonsalt 790 774 16 16 634 24.6 769 2.7
Total 3,205 3,103 102 102 2,761 16.1 3,252 -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 Midwest and South Central nonsalt are below the five-year average. The salt count in the South Central region is the farthest below the five-year average, at 20.7% below the average.

Source: EIA

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