WEEKLY NG MARKET COMMENTARY | November 25, 2018

November 25, 2018

Please follow the link below to find our weekly natural gas commentary report, highlighting key trends in this week’s natural gas market.


NORTH AMERICAN RIG WATCH | November 23, 2018

November 23, 2018

US: Baker Hughes shows 1079 active rigs as of November 21, 2018, lower by -3 from the previous week. Oil rigs decreased by -3 to 885 (ht: -9; vt-dir: +6), and gas-directed rigs were unchanged at 194 (ht: -1; vt-dir: +1). Horizontal oil rigs increased by +2 in Bakken (MT) and by +2 in Permian (NM), while declining by -4 in Permian (TX), by -3 in Anadarko (OK), by -3 in Bakken (ND), by -1 in Eagle Ford (TX) and by -2 in Other areas not associated with a specific play. Horizontal gas rigs decrease.....


EIA NG STORAGE REPORT | November 21, 2018

November 21, 2018

The EIA reported a -134 bcf decrease in inventory this week. This draw was 15 bcf higher than our estimate and 25 bcf higher than the Bloomberg median. The region where we posted our largest error was the Midwest where we underestimated today’s pull by 7 bcf. Our regional balance and scrape models showed a significant amount of disagreement in the Midwest during the reference week….


NGL MARKET RECAP | November 21, 2018

November 21, 2018

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.


U.S. NATURAL GAS TRADE AND POWER SECTOR DEMAND | November 20, 2018

November 20, 2018

Please find the attached data and charts detailing U.S. gas imports and power demand for the week ended November 15, 2018. Total net imports for the reference week averaged -4.48 bcf/d, up by +0.30 bcf/d week-on-week. During the same week last year, U.S. net imports averaged -1.58 bcf/d. Average natural gas demand in the power sector was 28.73 bcf/d, up by +4.79 bcf/d week-over-week. During the reference week, the contiguous US observed 128.9 electric weighted HDDs, up by 70.5 week over week.....


WEEKLY NG MARKET COMMENTARY | November 18, 2018

November 18, 2018

Please follow the link below to find our weekly natural gas commentary report, highlighting key trends in this week’s natural gas market.


CFTC COT | November 16, 2018

Commitments of Traders Report – November 16, 2018

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 13. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in natural gas and WTI , but decreased in Brent, gasoline, gasoil and heating oil during the reference week. Non-commercials net length in natural gas grew by +63.2k to +342.8k in futures and rose by +57.4k.....


NORTH AMERICAN RIG WATCH | November 16, 2018

November 16, 2018

US: Baker Hughes shows 1082 active rigs as of November 16, 2018, higher by +1 from the previous week. Oil rigs increased by +2 to 888 (ht: +5; vt-dir: -3), and gas-directed rigs decreased by -1 to 194 (ht: -1; vt-dir: unch). Horizontal oil rigs increased by +2 in Eagle Ford (TX), by +2 in Permian (TX), by +1 in Permian (NM) and by +1 in Other areas not associated with a specific play, while declining by -1 in Anadarko (OK). Horizontal gas rigs increased by +1 in Eagle Ford (TX), while declining.....


EIA NG STORAGE REPORT | November 15, 2018

November 15, 2018

The week ending November 15 will bring the inaugural withdrawal of the season, and the earliest triple-digit pull of any winter. From a supply and demand perspective, the week ending today can be interpreted as a practice run for the worst-case scenario…


NGL MARKET RECAP | November 15, 2018

November 15, 2018

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.