-- (Updates to inlcude additional details.)
US natural gas stockpiles in underground storage stood at 2,063 billion cubic feet for the week ending April 17, up 103 Bcf from the previous week, the Energy Information Administration said in its weekly report Thursday.
Inventories were 142 Bcf above year-ago levels and 137 Bcf above the five-year average of 1,926 Bcf.
At 2,063 Bcf, total working gas remains within the five-year historical range, the EIA said.
The net increase is larger than market expectations for a 96 Bcf build, according to data from Investing.com.
EIA said it revised its estimates of working gas in storage to incorporate resubmitted data covering the 33-week period from Aug. 29 through April 10. The agency attributed the changes largely to respondents restating volumes previously classified as working gas to base gas.
Excluding the week ending Aug. 29, the revisions had an average impact of 0 Bcf on weekly implied net changes. Over the period, reported working gas levels were adjusted downward by an average of 10 Bcf per week.
The reported revision caused the stocks for April 10 to change from 1,970 Bcf to 1,960 Bcf. As a result, the implied net change between the weeks ending April 03 and April 10 changed from 59 Bcf to 60 Bcf, EIA said.