In the future natural gas will make a growing contribution to energy supply. Since gas production is constant during the year and its consumption almost seasonal, the importance of underground gas storage (UGS) is increasing because it acts as a buffer between production and consumption. This paper presents a workflow for reservoir and cap rock petrophysical and geomechanic characterization based on an integrated log interpretation, critically reviewing the value and reliability of information that can be gathered from the different log types. Geomechanical characterization is an essential trait in the UGS workflow, especially when the initial formation pressure is exceeded to increase the storage capacity and enhance gas deliverability or in the case of aquifer storages. The workflow consists in the following steps: 1) Conventional reservoir petrophysical characterization. This is achieved by means of gamma ray, neutron, density and resistivity logs, and nuclear magnetic resonance logs for verification of the nature and quantity of the pore fluids. 2) Cap rock petrophysical characterization. An innovative approach with nuclear magnetic resonance log is described.3) Reservoir and caprock geomechanical properties characterization. Information is provided by advanced sonic tools, allowing estimation of the stress profile magnitude, calibrated with micro-hydraulic fracturing tests (stress tests).The direction of the stresses is determined through image logs. 4) Well integrity assessment. Sonic and ultrasonic cement evaluation tools are recommended. 5) Reservoir monitoring. A pulsed neutron tool can be used in order to identify the position of the gas-water contact during gas injection and withdrawal cycles. Case studies are provided in order to complement the theoretical workflow description.