NORTH AMERICAN RIG WATCH | October 05, 2012

Baker Hughes

Baker Hughes shows 1,835 active rigs as of October 5, 2012, down -10 from a week ago. Oil rigs decreased by -12 (ht: -16, vt-dir: +4) and total gas rigs increased by +2 (ht: +7., vt-dir: -5). Horizontal oil rigs went down by -6 in Eagle Ford (TX) and -3 in Bakken (ND). Vertical/directional oil rigs went down by -3 in Anadarko (OK). Horizontal gas rigs increased by +4 in Eagle Ford (TX). With the loss of -2 vertical/directional gas rigs in Granite Wash (TX), Baker Hughers data suggests that th.....


NORTH AMERICAN RIG WATCH | October 05, 2012

Schlumberger (Smith) STATS

STATS shows 1,769 active rigs as of October 5, 2012, down -37 rigs from a week ago. Oil rigs decreased by -28 (ht: -9, vt-dir: -19.) and total gas rigs decreased by -9 (ht: -8, vt-dir: -1). Horizontal oil rigs increased by +9 in Eagle Ford (TX). Horizontal oil rig count decreased by -5 in Permian (TX) and in “Other” region each. Horizontal oil rig count in Eagle Ford (TX) is at 209, the highest in history and is the same as the historical high in Bakken (ND). Permian (TX) lost -16 Vertical/D.....


DOE CRUDE STATS | October 03, 2012

October 3, 2012

U.S. crude oil inventories declined by -482k bbl in the week ended September 28, while Cushing stocks rose by +135k bbl. Distillate inventories decreased by -3,689k bbl and gasoline inventories gained +114k bbl. Please find attached this week’s detailed statistical report. 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). .....


CFTC COT | September 28, 2012

Commitment of Traders Report - September 28, 2012

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 25. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. Non-commercials reduced net length in WTI during the week ended September 25. Non-commercial net length declined by -44.4k to 273.1k in futures and by -42.3k to 335.6k in f.....


OIL PRICE MONITOR | September 28, 2012

September 28, 2012

Attached is this week’s Oil Price Monitor, which provides an overview of global oil market activity across a range of dimensions, from spot crude and product prices to forward curves, refining margins, product arbitrage, crude loadings, and weekly DOE EIA data.


NORTH AMERICAN RIG WATCH | September 28, 2012

Baker Hughes

Baker Hughes shows 1,845 active rigs as of September 28, 2012, down -11 from a week ago. Oil rigs increased by +8 (ht: +10, vt-dir: -2) and total gas rigs decreased by -19 (ht: -17., vt-dir: -2). Horizontal oil rigs went up by +7 in “Other” regions and +3 in Anadarko (TX), while going down by -2 in Anadarko (OK). Vertical/directional oil rigs went up by +4 in Permian (TX) and went down -4 in “Other” regions. Horizontal gas rigs went down -5 to 61 and -4 in 28 in Eagle Ford (TX) and Marcellus.....


NORTH AMERICAN RIG WATCH | September 28, 2012

Schlumberger (Smith) STATS

STATS shows 1,806 active rigs as of September 28, 2012, down -17 rigs from a week ago. Oil rigs decreased by -15 (ht: +6, vt-dir: -21.) and total gas rigs decreased by -2 (ht: -9, vt-dir: +7). Horizontal oil rigs increased by +7 and +4 in Permian (NM) and Bakken (ND) to 42 and 201, respectively. Horizontal oil rig count decreased by -4 in Eagle Ford (TX) from its record high last week. Permian (TX) and “Other” both lost -8 Vertical/Directional oil rigs. Horizontal gas rigs decreased by -4 i.....


DOE CRUDE STATS | September 26, 2012

September 26, 2012

U.S. crude oil inventories declined by -2,446k bbl in the week ended September 21, while Cushing stocks decreased by -83k bbl. Distillate inventories decreased by -482k bbl and gasoline inventories fell by -481k bbl. Please find attached this week’s detailed statistical report. 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.c.....


CFTC COT | September 21, 2012

Commitment of Traders Report - September 21, 2012

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 18. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. Non-commercial net length expanded across the petroleum complex during the week ended September 18. Non-commercial net length in WTI is at the highest level since March 13 .....


OIL PRICE MONITOR | September 21, 2012

September 21, 2012

Attached is this week’s Oil Price Monitor, which provides an overview of global oil market activity across a range of dimensions, from spot crude and product prices to forward curves, refining margins, product arbitrage, crude loadings, and weekly DOE EIA data.