Nuvista Energy Ltd NUVSF

Primary Symbol: T.NVA

Energy Oil & Gas E&P

NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the Montney formation are located near the City of Grande Prairie, Alberta, approximately 600 kilometers northwest of Calgary. Its Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500m.

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Post by Carjackon Jan 11, 2024 3:58pm

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Post# 35822322

Weekly Natural Gas Storage Report

Working gas in underground storage, Lower 48 states Summary text CSV JSN
					Historical Comparisons
	Stocks billion cubic feet (Bcf)				Year ago (01/05/23)		5-year average (2019-23)
Region	01/05/24	12/29/23	net change	implied flow	Bcf	% change	Bcf	% change
East	757	799	-42	-42	699	8.3	715	5.9
Midwest	924	968	-44	-44	825	12.0	842	9.7
Mountain	220	228	-8	-8	154	42.9	161	36.6
Pacific	275	280	-5	-5	161	70.8	219	25.6
South Central	1,160	1,201	-41	-41	1,063	9.1	1,053	10.2
Salt	332	344	-12	-12	291	14.1	316	5.1
Nonsalt	828	857	-29	-29	772	7.3	737	12.3
Total	3,336	3,476	-140	-140	2,900	15.0	2,988	11.6
Totals may not equal sum of components because of independent rounding.

Summary

Working gas in storage was 3,336 Bcf as of Friday, January 5, 2024, according to EIA estimates. This represents a net decrease of 140 Bcf from the previous week. Stocks were 436 Bcf higher than last year at this time and 348 Bcf above the five-year average of 2,988 Bcf. At 3,336 Bcf, total working gas is above the five-year historical range.

For information on sampling error in this report, see Estimated Measures of Sampling Variability table below.

Working Gas in Underground Storage Compared with Five-Year Range

Note: The shaded area indicates the range between the historical minimum and maximum values for the weekly series from 2019 through 2023. The dashed vertical lines indicate current and year-ago weekly periods.

Estimated measures of sampling variabilityDownload History (April 2015 to Present)

	Coefficient of Variation for Stocks % of working gas		Standard Error for Net Change billion cubic feet (Bcf)
Region	01/05/24	12/29/23	net change
East	1.1	1.0	0.5
Midwest	0.7	0.7	0.9
Mountain	1.0	1.1	0.3
Pacific	0.0	0.0	0.0
South Central	0.6	0.6	0.7
Salt	1.4	1.5	0.6
Nonsalt	0.6	0.6	0.4
Total	0.4	0.4	1.3