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.
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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.
Source: EIA
