NORTH AMERICAN RIG WATCH | September 07, 2012

Baker Hughes

Baker Hughes shows 1,861 active rigs as of September 7, 2012, down -31 from a week ago. Oil rigs went down by -10 (ht: -6, vt-dir: -4) and total gas rigs went down by -21 (ht: -9, vt-dir: -12). Horizontal oil rigs went down by -4 in Anadarko (OK) and -2 in Permian (TX), while going up by +3 in Eagle Ford (TX) and Permian (NM). The largest drop in Vertical/Directional oil rigs took place in Permian (-9), juxtaposed by increases in Anadarko (OK) by +3 rigs and in “other” areas (+7). The larges.....


NORTH AMERICAN RIG WATCH | September 07, 2012

Schlumberger (Smith) STATS

STATS shows 1,803 active rigs as of September 7, 2012, down -32 rigs from a week ago. Oil rigs were down by -24 (ht: -11, vt-dir: -13) and total gas rigs decreased by -8 (ht: +4, vt-dir: -12). Horizontal oil rigs went down by -6 in Bakken (ND), followed by -4 in Permian (TX) and by -3 in Eagle Ford (TX). They went up in “other” areas driven by gains in Texas (+2) and Louisiana (+2). In terms of vertical/directional rigs, Permian (TX) was down by -7, followed by Monterey (CA) with -6. Horizo.....


DOE CRUDE STATS | September 06, 2012

September 6, 2012

U.S. crude oil inventories declined by -7,426k bbl in the week ended August 31, while Cushing stocks rose by +94k bbl. Distillate inventories increased by +993k bbl, and gasoline inventories fell by -2,334k 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 | August 31, 2012

Commitment of Traders Report - August 31, 2012

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 28. 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 increased WTI net length during the week ended August 28. Non-commercial net length rose by +15.7k to 271.4k in futures and by +19.0k to 324.8k in futures and .....


OIL PRICE MONITOR | August 31, 2012

August 31, 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 | August 31, 2012

Baker Hughes

Baker Hughes shows 1,892 active rigs as of August 31, 2012, down -2 from a week ago. Oil rigs went up by +11 (ht: +5, vt-dir: +6) and total gas rigs went down by -13 (ht: -15, vt-dir: +2). Horizontal oil rigs went down by -2 in Monterey (CA) and vertical/directional oil rigs went up by +6 in Eagle Ford (TX), while going down by -5 in Permian (TX). Horizontal gas rigs went down by -6 in Eagle Ford (TX) and by -5 in Granite Wash (TX).


NORTH AMERICAN RIG WATCH | August 31, 2012

Schlumberger (SMITH) Stats

TATS shows 1,835 active rigs as of August 31, 2012, down -9 rigs from a week ago. Oil rigs were down by -1 (ht: +15, vt-dir: -16) and total gas rigs decreased by -8 (ht: +1, vt-dir: -9). Horizontal oil rigs went up by +14 in Eagle Ford (TX), followed by +5 in Anadarko (OK) and by +3 in Bakken (MT), while going down by -3 in Bakken (ND) and by -2 in Anadarko (TX) and Permian (TX). Vertical/Directional oil rigs went down by -3 in Permian (TX) and by -2 in Anadarko (OK). Horizontal gas rigs wen.....


DOE CRUDE STATS | August 29, 2012

August 29, 2012

U.S. crude oil inventories rose by +3,778k bbl in the week ended August 24, while Cushing stocks decreased by -421k bbl. Distillate inventories increased by +873k bbl and gasoline inventories fell by -1,509k 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 | August 24, 2012

Commitment of Traders Report - August 24, 2012

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 21. 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 expanded WTI net length during the week ended August 21. Non-commercial net length increased by +33.3k to 255.7k in futures and by +30.9k to 305.8k in futures .....


OIL PRICE MONITOR | August 24, 2012

August 24, 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.