Friday, April 26, 2019

Natual Gas Fill Coming Along Just Fine -- April 26, 2019

Updates

 
April 27, 2019: see first comment -- we begin a "new year."
I hadn't even noticed that the sign had already changed on the year-over-year relationship. We now have 55 bcf MORE in storage than a year ago; 4 weeks ago we had 285 bcf LESS YoY. Last year was cool & withdrawals continued for the first three weeks of April.
Later, 10:00 p.m. Central Time: it appears that "steep" slope is real. See first comment:
I haven't looked at the data this week yet, but last week I had the 92 billion cubic feet injection as the largest April injection ever, especially notable coming so early in the month, before the warmer late April weeks when the fill rate usually picks up. This week repeats that 92 bcf, so I would imagine we now may have topped the most ever added to storage in any April, and that's only as of the 19th, with 11 more days to go...
That is truly amazing -- a huge shout-out to the engineers, geologists, and roughnecks. Be sure to follow "focus on fracking" for weekly updates.

Original Post

Link here.

6 comments:

  1. i haven't looked at the data this week yet, but last week i had the 92 billion cubic feet injection as the largest April injection ever, especially notable coming so early in the month, before the warmer late April weeks when the fill rate usually picks up....this week repeats that 92 bcf, so i would imagine we now may have topped the most ever added to storage in any April, and that's only as of the 19th, with 11 more days to go...

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    Replies
    1. Thank you so much. I haven't "learned" the actual numbers regarding natural gas injection so this helps a lot. Much appreciated. Have moved comment to main body of blog so folks don't miss it....

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    2. digging out the historical gas storage numbers is tedious, but certainly no more tedious that the kind of digging you do for Bakken data every day...on the page you link & copy the graph from, there are links to "History" and "Five-year averages, maximum, minimum, and year-ago stocks" in the upper right hand corner...those are just a spreadsheet history of the data they publish in table form every week...but they only go back to 2010, though, so to get the whole history you have to go the "Three region archive files" link on the sidebar below that...

      i don't have a program to get anything out of that, btw, i just scroll through the whole thing..

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    3. LOL ... welcome to my world ... digging out all that data ... thank you for taking care of the natural gas segment. Bakken crude oil is hard enough, and I probably only capture 1% of all that is going on.

      My biggest concerns as always: revealing how little I really know/understand and/or stepping on the toes of my readers. Thank goodness for disclaimers and the understanding/patience of those reading the blog.

      Lots to do this weekend; hope to catch up.

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  2. wow. i hadn't even noticed that the sign had already changed on the year over year relationship. we now have 55 bcf MORE in storage than a year ago; 4 weeks ago we had 285 bcf LESS YoY...last year was cool & withdrawals continued for the first three weeks of April...

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  3. Time flies. Again, will move this to the body of the post so folks see it...

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