Weekly Natural Gas Storage Report 11/1
Summary
Working gas in storage was 3,908 Bcf as of Friday, October 26, 2012, according to EIA estimates. This represents a net increase of 65 Bcf from the previous week. Stocks were 136 Bcf higher than last year at this time and 259 Bcf above the 5-year average of 3,649 Bcf. In the East Region, stocks were 49 Bcf above the 5-year average following net injections of 34 Bcf. Stocks in the Producing Region were 159 Bcf above the 5-year average of 1,118 Bcf after a net injection of 23 Bcf. Stocks in the West Region were 51 Bcf above the 5-year average after a net addition of 8 Bcf. At 3,908 Bcf, total working gas is above the 5-year historical range.
Working gas stocks in the Producing Region, for the week ending October 26, 2012, totaled 1,277 Bcf, with 300 Bcf in salt cavern facilities and 978 Bcf in nonsalt cavern facilities. Working gas stocks increased 14 Bcf in the salt cavern facilities and increased 10 Bcf in the nonsalt cavern facilities since October 19. An historical series of the salt and nonsalt subtotals of the Producing Region is available for download at: wngsr_producing_region_salt.xls.