The volume of working gas injected into underground storage slowed to the smallest amount in seven months in the latest weekly survey by the Energy Information Administration, Kallanish Energy calculates.
For the week ended Nov. 1, just 34 billion cubic feet of working gas was placed into storage — the smallest amount since 25 Bcf was injected during the week ended April 5.
Total working gas in storage at Nov. 1, stood at 3.78 trillion cubic feet, up from 3.70 Tcf. (All numbers are rounded.)
Volume of working gas placed in storage shrinks
|Week ended||Working gas in storage||Change from previous week|
|Nov. 1||3.73 trillion cubic feet||34 billion cubic feet|
|Oct. 25||3.70 Tcf||89 Bcf|
|Oct. 18||3.61 Tcf||87 Bcf|
|Oct. 11||3.52 Tcf||104 Bcf|
|Oct. 4||3.42 Tcf||98 Bcf|
(Source: Energy Information Administration)
Two of the five regions EIA divides the Lower 48 U.S. states into when tracking working gas actually showed product pulled from underground during the week of Nov. 1.
Combined, the Mountain and Pacific regions were tapped for 10 Bcf, bringing the regions’ total down to 207 Bcf and 292 Bcf, respectively.
The latest Mountain region total is up 25 Bcf, or 13.7%, from the year-ago total of 182 Bcf, but is down 6 Bcf, or 2.8%, from the five-year average of 213 Bcf.
The latest Pacific region total is up 27 Bcf, or 10.2%, from the year-ago total of 265 Bcf, but was down 35 Bcf, or 10.7%, from the five-year average of 327 Bcf.
The biggest injection was in the East region, with 19 Bcf, or 2.1%, of the previous week’s total injected during the week ended Nov. 1.
Total working gas in storage in the East region climbed to 932 Bcf. That volume was up 102 Bcf, or 12.3%, from the year-ago total of 830 Bcf, and was up 29 Bcf, or 3.2%, from the five-year average of 903 Bcf.
This post appeared first on Kallanish Energy News.