NORTH AMERICAN RIG WATCH
| January 18, 2019
January 18, 2019
US: Baker Hughes shows 1050 active rigs as of January 18, 2019, lower by -25 from the previous week. Oil rigs decreased by -21 to 852 (ht: -17; vt-dir: -4), and gas-directed rigs decreased by -4 to 198 (ht: -2; vt-dir: -2). Horizontal oil rigs increased by +2 in Bakken (ND) and by +3 in Other areas not associated with a specific play, while declining by -10 in Anadarko (OK), by -7 in Permian (TX), by -2 in Anadarko (TX), by -2 in Permian (NM) and by -1 in Monterey (CA). Horizontal gas rigs incr.....
NGL MARKET RECAP
| January 16, 2019
January 16, 2019
Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices, ratios and fractionation spreads.
DOE CRUDE STATS
| January 16, 2019
January 16, 2019
U.S. crude oil inventories decreased by -2683k bbl in the week ended January 11, while Cushing stocks fell by -743k bbl. Distillate inventories rose by +2967k bbl and gasoline inventories increased by +7503k bbl. We also remind our clients that in-depth analysis of DOE weekly petroleum statistical releases can be conducted using the “Commodities Analytical Toolkit” in the Data Portal section of our website ( www.lcmc-research.com ). Major data points: Crude oil inventories : Fell by -2.....
NORTH AMERICAN RIG WATCH
| January 11, 2019
January 11, 2019
US: Baker Hughes shows 1075 active rigs as of January 11, 2019, unchanged from the previous week. Oil rigs decreased by -4 to 873 (ht: -4; vt-dir: unch), and gas-directed rigs increased by +4 to 202 (ht: +7; vt-dir: -3). Horizontal oil rigs increased by +1 in Permian (NM) and by +2 in Other areas not associated with a specific play, while declining by -6 in Anadarko (OK) and by -1 in Permian (TX). Horizontal gas rigs increased by +3 in Marcellus ( NEPA ), by +2 in Haynesville (LA), by +1 in Mar.....
NGL MARKET RECAP
| January 09, 2019
January 9, 2019
Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices, ratios and fractionation spreads.
DOE CRUDE STATS
| January 09, 2019
January 9, 2019
U.S. crude oil inventories decreased by -1680k bbl in the week ended January 04, while Cushing stocks grew by +330k bbl. Distillate inventories rose by +10611k bbl and gasoline inventories increased by +8066k bbl. We also remind our clients that in-depth analysis of DOE weekly petroleum statistical releases can be conducted using the “Commodities Analytical Toolkit” in the Data Portal section of our website ( www.lcmc-research.com ). Major data points: Crude oil inventories : Fell by -.....
NORTH AMERICAN RIG WATCH
| January 04, 2019
January 4, 2018
US: Baker Hughes shows 1075 active rigs as of January 04, 2019, lower by -8 from the previous week. Oil rigs decreased by -8 to 877 (ht: unch; vt-dir: -8), and gas-directed rigs were unchanged at 198 (ht: unch; vt-dir: unch). Horizontal oil rigs increased by +1 in Permian (TX) and by +1 in Other areas not associated with a specific play, while declining by -1 in Bakken (ND) and by -1 in Monterey (CA). Canada: Baker Hughes shows 76 active rigs as of January 04, 2019, higher by +6 from the pr.....
NGL MARKET RECAP
| January 04, 2019
January 4, 2019
Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices, ratios and fractionation spreads.
DOE CRUDE STATS
| January 04, 2019
January 4, 2019
U.S. crude oil inventories rose by +7k bbl in the week ended December 28, while Cushing stocks increased by +641k bbl. Distillate inventories grew by +9529k bbl and gasoline inventories rose by +6890k bbl. We also remind our clients that in-depth analysis of DOE weekly petroleum statistical releases can be conducted using the “Commodities Analytical Toolkit” in the Data Portal section of our website ( www.lcmc-research.com ). Major data points: Crude oil inventories : Increased by +0.0.....
NORTH AMERICAN RIG WATCH
| December 28, 2018
December 28, 2018
US: Baker Hughes shows 1083 active rigs as of December 28, 2018, higher by +3 from the previous week. Oil rigs increased by +2 to 885 (ht: +4; vt-dir: -2), and gas-directed rigs increased by +1 to 198 (ht: +1; vt-dir: unch). Horizontal oil rigs increased by +2 in Permian (TX) and by +2 in Other areas not associated with a specific play. Horizontal gas rigs increased by +1 in Haynesville (LA). Canada: Baker Hughes shows 70 active rigs as of December 28, 2018, lower by -61 from the previous we.....