EIA NG STORAGE REPORT
| November 25, 2015
November 25, 2015
Please note that the Canadian inventory overview is excluded from this week’s report as the data will be released tomorrow. Today the EIA reported a +9 bcf injection for the reference week ending November 19 coming in below our own number at +12 bcf, but above the Bloomberg median at +7 bcf. After accounting for the regional rounding errors, the surprise was concentrated in the Midwest and salt-domes. It would appear that intrastate facilities that we cannot track are already withdrawing, e.....
NGL MARKET RECAP
| November 25, 2015
November 25, 2015
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.
CFTC COT
| November 23, 2015
Commitments of Traders Report – November 23, 2015
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 17. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials decreased net length in Brent, gasoline, natural gas, gasoil, heating oil and WTI during the reference week. Non-commercials net length in natural gas declined by -2.0k to -105.4k in futures and decreased by -1.9k to -134.3k in.....
NORTH AMERICAN RIG WATCH
| November 20, 2015
November 20, 2015
Baker Hughes shows 757 active rigs as of November 20, 2015, lower by -10 from the previous week. Oil rigs decreased by -10 to 564 (ht: -8; vt-dir: -2) while gas-directed rigs were unchanged at 193 (ht: +2; vt-dir: -2). Horizontal oil rigs decreased by -4 in Anadarko (OK) and by -2 in Permian (NM), while increasing by +2 in Permian (TX). Gas-directed rigs increased by +1 in Eagle Ford (TX), Granite Wash (OK), Haynesville (LA), Marcellus ( NEPA ) and Marcellus ( SWPA ).
EIA NG STORAGE REPORT
| November 19, 2015
November 19, 2015
Today the EIA reported a +15 bcf injection for the reference week ending November 12 and switched to the new regional breakdown. The injection came in below our own number at +19 bcf and the Bloomberg median at +19 bcf, but with five regions instead of the old three regions, the rounding error can create larger differences between estimates. The regional breakdown, though, was closer to expectations with the Mountain and Pacific regions being the first to enter the withdrawal season. On Mo.....
NGL MARKET RECAP
| November 18, 2015
November 18, 2015
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.
CFTC COT
| November 16, 2015
Commitments of Traders Report – November 16, 2015
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 10. 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, natural gas, gasoil and heating oil , but decreased in WTI during the reference week. Non-commercials net length in natural gas grew by +4.5k to -103.4k in futures and rose by +6.0k to -.....
NORTH AMERICAN RIG WATCH
| November 13, 2015
November 13, 2015
Baker Hughes shows 767 active rigs as of November 13, 2015, lower by -4 from the previous week. Oil rigs increased by +2 to 574 (ht: +4; vt-dir: -2) while gas-directed rigs decreased by -6 to 193 (ht: -2; vt-dir: -4). Horizontal oil rigs increased by +2 in Monterey (CA), while declining by -2 in Eagle Ford (TX). Gas-directed rigs did not change in any of the established regions that we track and all the changes occurred in other areas not associated with any major play.
EIA NG STORAGE REPORT
| November 13, 2015
November 13, 2015
EIA reported a +49 bcf injection for the week ending November 5 (Bloomberg median +49 bcf, Bloomberg whisper: +47 bcf). The 21 estimates submitted to Bloomberg varied from +41 bcf to +78 bcf with a standard deviation of 9 bcf. Our model showed +48 bcf. Nationwide natural gas-weighted heating degree days reported by NOAA increased by +1 HDD to 68 HDDs, while electricity-weighted cooling degree days decreased by -1 CDD to 10 CDDs. Total US: +49 bcf ( LCMC : +48 bcf, Bloomberg median: +49.....
NGL MARKET RECAP
| November 12, 2015
November 12, 2015
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.