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


Natural Gas Inventories as of August 2, 2019

The EIA has released its natural gas inventory report, showing a build of 55 Bcf as of August 2.

Working gas in storage was 2,689 Bcf as of Friday, August 2, 2019, according to EIA estimates. This represents a net increase of 55 Bcf from the previous week. Stocks were 343 Bcf higher than last year at this time and 111 Bcf below the five-year average of 2,800 Bcf.

Weekly Gas Storage: 55 Bcf Build - Oil & Gas 360

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At 2,689 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
(08/02/18)
5-year average
(2014-18)
Region 08/02/19 07/26/19 net change implied flow Bcf % change Bcf % change
East 613 597 16 16 571 7.4 646 -5.1
Midwest 701 677 24 24 576 21.7 700 0.1
Mountain 161 156 5 5 148 8.8 177 -9.0
Pacific 272 270 2 2 245 11.0 293 -7.2
South Central 941 934 7 7 808 16.5 984 -4.4
   Salt 221 226 -5 -5 204 8.3 263 -16.0
   Nonsalt 719 708 11 11 604 19.0 721 -0.3
Total 2,689 2,634 55 55 2,346 14.6 2,800 -4.0
Totals may not equal sum of components because of independent rounding.

All regions experienced a net increase this week, except the South Central salt count, which declined by 5. Stocks in every region except the Midwest are below the five-year average. The salt count in the South Central region is the farthest below the five-year average, at 16% below the average.

Weekly Gas Storage: 55 Bcf Build - Oil & Gas 360

Source: EIA

 


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