NORTH AMERICAN RIG WATCH
| July 21, 2017
July 21, 2017
US: Baker Hughes shows 950 active rigs as of July 21, 2017, lower by -2 from the previous week. Oil rigs decreased by -1 to 764 (ht: -2; vt-dir: +1), and gas-directed rigs decreased by -1 to 186 (ht: +1; vt-dir: -2). Horizontal oil rigs increased by +5 in Permian (TX), by +2 in Barnett Combo (TX) and by +1 in Bakken (ND), while declining by -4 in Eagle Ford (TX), by -2 in Permian (NM), by -1 in Anadarko (TX) and by -3 in Other areas not associated with a specific play. Horizontal gas rigs incre.....
EIA NG STORAGE REPORT
| July 20, 2017
July 20, 2017
The EIA reported a +28 bcf injection for the week ending July 13th. The number was -5 bcf lower than both our flow model and the Bloomberg median. The two regions that led to our model’s 5 bcf miss were the Midwest and the South Central. In the Midwest, regional balances help explain the stronger than anticipated storage draws: gas power burns were up almost 4 bcf, exports were up 1 bcf and imports were flat week over week, explaining 5 bcf of the 6 bcf drop we saw in that region (our flow m.....
NGL MARKET RECAP
| July 19, 2017
July 19, 2017
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
| July 18, 2017
July 18, 2017
Please find the attached data and charts detailing U.S. gas imports and power demand for the week ended July 13, 2017. Total net imports for the reference week averaged -0.25 bcf/d, higher by +0.50 bcf/d week-on-week. During the same week last year, U.S. net imports averaged 1.59 bcf/d. Average natural gas demand in the power sector was 34.0 bcf/d, higher by +3.6 bcf/d week-over-week. During the reference week, the contiguous US observed 96 population weighted CDDs, up 6 week over week.
CFTC COT
| July 17, 2017
Commitments of Traders Report – July 17, 2017
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 11. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in Brent, gasoline, gasoil, heating oil and WTI , but decreased in natural gas during the reference week. Non-commercials net length in natural gas declined by -16.1k to +365.3k in futures and decreased by -14......
NORTH AMERICAN RIG WATCH
| July 14, 2017
July 14, 2017
US: Baker Hughes shows 952 active rigs as of July 14, 2017, unchanged from the previous week. Oil rigs increased by +2 to 765 (ht: -2; vt-dir: +4), and gas-directed rigs decreased by -2 to 187 (ht: +2; vt-dir: -4). Horizontal oil rigs increased by +5 in Permian (TX) and by +1 in Other areas not associated with a specific play, while declining by -5 in Eagle Ford (TX) and by -3 in Anadarko (OK). Horizontal gas rigs increased by +1 in Eagle Ford (TX) and by +1 in Other areas not associated with a.....
EIA NG STORAGE REPORT
| July 13, 2017
July 13, 2017
Please note our extended U.S. and Canada tables covering the injection season are included in the attachment. The EIA reported a +57 bcf injection for the week ending July 6th. The number was -5 bcf lower than the +61 bcf our flow model had anticipated on Tuesday and -3 bcf below the Bloomberg median. The largest difference between our model’s prediction and the EIA’s number was in the South Central, specifically salt cavern storage withdrawals, where our estimate of a slight withdrawal wa.....
NGL MARKET RECAP
| July 12, 2017
July 12, 2017
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
| July 11, 2017
July 06, 2017
Please find the attached data and charts detailing U.S. gas imports and power demand for the week ended July 6, 2017. Total net imports for the reference week averaged -0.75 bcf/d, lower by -0.21 bcf/d week-on-week. During the same week last year, U.S. net imports averaged 1.71 bcf/d. Average natural gas demand in the power sector was 30.3 bcf/d, higher by 1.7 bcf/d week-over-week. During the reference week, the contiguous US observed 89 population weighted CDDs, down 23 week over week.
CFTC COT
| July 10, 2017
Commitments of Traders Report – July 10, 2017
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 04. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in Brent, gasoline, gasoil and heating oil , but decreased in natural gas and WTI during the reference week. Non-commercials net length in natural gas fell by -8.4k to +381.4k in futures and decreased by -6.3k .....