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Bullboard - Stock Discussion Forum Nuvista Energy Ltd NUVSF


Primary Symbol: T.NVA

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... see more

TSX:NVA - Post Discussion

Nuvista Energy Ltd > Weekly Natural Gas Storage Report
View:
Post by Carjack on Jan 11, 2024 3:58pm

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    
 
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