Compiled by Tyler Losier, Energy Reporter, Oil & Gas 360


Natural Gas Inventories as of July 19, 2019

The EIA has released its natural gas inventory report, showing a build of 36 Bcf as of July 19.

Working gas in storage was 2,569 Bcf as of Friday, July 19, 2019, according to EIA estimates. This represents a net increase of 36 Bcf from the previous week. Stocks were 300 Bcf higher than last year at this time and 151 Bcf below the five-year average of 2,720 Bcf.

Weekly Gas Storage: 36 Bcf Build - Oil & Gas 360

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At 2,569 Bcf, total working gas is within the five-year historical range.

 

Working gas in underground storage, Lower 48 states
Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(07/19/18)
5-year average
(2014-18)
Region 07/19/19 07/12/19 net change implied flow Bcf % change Bcf % change
East 575 561 14 14 524 9.7 604 -4.8
Midwest 650 627 23 23 522 24.5 656 -0.9
Mountain 151 147 4 4 145 4.1 172 -12.2
Pacific 271 268 3 3 256 5.9 294 -7.8
South Central 921 929 -8 -8 823 11.9 994 -7.3
   Salt 229 246 -17 -17 217 5.5 276 -17.0
   Nonsalt 692 683 9 9 605 14.4 718 -3.6
Total 2,569 2,533 36 36 2,269 13.2 2,720 -5.6
Totals may not equal sum of components because of independent rounding.

 

All regions except South Central, which decreased by 8 Bcf, experienced a net increase this week. The South Central salt count also declined by 17. Stocks in every region are below the five-year average. The salt count in the South Central region is the farthest below the five-year average, at 17% below the average.

Weekly Gas Storage: 36 Bcf Build - Oil & Gas 360

Source: EIA

 


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