NORTH AMERICAN RIG WATCH | June 01, 2012
Baker Hughes
Baker Hughes shows 1,974 active rigs as of June 1, 2012, down -3 from a week ago. Oil rigs went up by +3 (ht: -6, vt-dir: +9) and total gas rigs went down by -6 (ht: -2, vt-dir: -4). Horizontal oil rigs went down by -2 in Anadarko (OK) and Anadarko (KS), while going up by +2 in Permian (TX). Vertical/directional oil rigs went up by +3 in Permian (TX) and Permian (NM). Horizontal gas rigs went down by -2 in Woodford (Anadarko) and Woodford (Arkoma).
NORTH AMERICAN RIG WATCH | June 01, 2012
Schlumberger (Smith) STATS
STATS shows 1,838 active rigs as of June 1, 2012, down -23 rigs from a week ago. Oil rigs went down by -6 (ht: +4, vt-dir: -10) and total gas rigs went down by -17 (ht: -11, vt-dir: -6). Horizontal oil rigs went up by +3 in Bakken (MT), while going down by -3 in Bakken (ND) and -2 in Anadarko (OK). Vertical/Directional oil rigs went up by +4 in Bakken (ND), while going down by -18 in Permian (TX). Horizontal gas rigs went down by -3 in Marcellus ( NEPA ) and by -2 in Granite Wash (TX) and Ha.....
DOE CRUDE STATS | May 31, 2012
May 31, 2012
U.S. crude oil inventories increased by +2,213k bbl in the week ended May 25, while Cushing stocks built +54k bbl. Distillate inventories drew -1,709k bbl and gasoline inventories dropped by -833k bbl. Please find attached this week’s detailed statistical report. Major data points: Crude oil inventories : Built +2.21m bbl (vs. the API estimate of -0.4m bbl), driven by an increase of +0.98m bbl in PADD V. Stocks in Cushing were almost flat at +0.05m bbl (vs. the API estimate of -0.6m .....
CFTC COT | May 25, 2012
Commitment of Traders Report - May 25, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 22. 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 in WTI rose slightly during the week ended May 22 — a contrast from the last two reports when net length has declines sharply. Non-commercials expanded .....
OIL PRICE MONITOR | May 25, 2012
May 25, 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, and weekly DOE EIA data.
NORTH AMERICAN RIG WATCH | May 25, 2012
Baker Hughes
Baker Hughes shows 1,977 active rigs as of May 25, 2012, down -5 from a week ago. Oil rigs went up by +1 (ht: +3, vt-dir: -2) and total gas rigs went down by -6 (ht: -5, vt-dir: -1). Horizontal oil rigs went down by -5 in Eagle Ford (TX), followed by -3 in Anadarko (OK) and -2 in Barnett Combo (TX), while going up by +2 in Bakken (ND). Horizontal gas rigs went down by -4 in Marcellus ( SWPA ) and by -2 in Barnett (TX) and Marcellus ( NEPA ), while going up by +5 in Eagle Ford (TX) and by +2 i.....
NORTH AMERICAN RIG WATCH | May 25, 2012
Schlumberger (Smith) STATS
STATS shows 1,861 active rigs as of May 25, 2012, down -11 rigs from a week ago. Oil rigs went up by +1 (ht: +4, vt-dir: -3) and total gas rigs went down by -12 (ht: -6, vt-dir: -6). Horizontal oil rigs went up by +5 in Anadarko (OK) and by +4 in Permian (TX), while going down by -9 in Eagle Ford (TX). Vertical/Directional oil rigs went down by -7 in Permian (TX). Horizontal gas rigs went down by -4 in Granite Wash (TX) and by -3 in Granite Wash (OK), while going up by +2 in Eagle Ford (TX) .....
DOE CRUDE STATS | May 23, 2012
May 23, 2012
U.S. crude oil inventories increased by +883k bbl in the week ended May 18, while Cushing stocks built +1,668k bbl. Distillate inventories drew -309k bbl and gasoline inventories dropped by -3,299k bbl. Please find attached this week’s detailed statistical report. Major data points: Crude oil inventories : Built +0.9m bbl (vs. the API estimate of +1.5m bbl), driven by an increase of +1.48m bbl in PADD II. Stocks in Cushing rose by +1.7m bbl (vs. the API estimate of +0.5m bbl) and n.....
CFTC COT | May 18, 2012
Commitment of Traders Report - May 18, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 15. 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 declined across the petroleum complex during the week ended May 15 but at a relatively milder pace compared to last week. Non-commercials reduced net leng.....
OIL PRICE MONITOR | May 18, 2012
May 18, 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, and weekly DOE EIA data.