NORTH AMERICAN RIG WATCH
| July 20, 2012
Baker Hughes
Baker Hughes shows 1,932 active rigs as of July 20, 2012, down -17 from a week ago. Oil rigs were down by -13 (ht: +3, vt-dir: -16) and gas rigs dropped by -4 (ht: -5, vt-dir: +1). Horizontal oil rigs went up by +4 in Eagle Ford (TX), +4 in Permian (TX), and +2 in Anadarko (TX), while going down by -2 in Anadarko (OK), -1 in Permian (NM), and -7 in parts of Texas not assigned to a specific play/basin in our models. Vertical/directional oil rigs went down by -8 in Permian (TX) and -3 in Permia.....
NORTH AMERICAN RIG WATCH
| July 20, 2012
Schlumberger (SMITH) Stats
STATS shows 1,853 active rigs as of July 20, 2012, down -7 rigs from a week ago. Oil rigs were up by +17 (ht: +10, vt-dir: +7) and total gas rigs decreased by -24 (ht: -21, vt-dir: -3). This week marked the first time total oil rigs exceeded 1,400, representing an almost sevenfold increase from the low of 211 oil rigs recorded the week ended April 10, 2009. During that time, horizontal oil rigs jumped from 60 to 813. Moreover, this week also saw total natural gas rigs drop below 450 for the f.....
EIA NG STORAGE REPORT
| July 19, 2012
July 19, 2012
EIA reported a +28 bcf injection for the week ended July 13 (Bloomberg median +34 bcf, Bloomberg Whisper +32 bcf). The 26 estimates submitted to Bloomberg varied from +28 bcf to +46 bcf with a standard deviation of 5 bcf. Our model showed +32 bcf. Nationwide cooling degree days reported by NOAA dropped to 92 CDDs from a season-high of 100 CDDs the prior week. Total US: +28 bcf ( LCMC +32 bcf; Bloomberg median +34 bcf) East: +23 bcf West: +4 bcf Producing: +1 bcf Today’s +28 bcf comp.....
CFTC COT
| July 13, 2012
Commitment of Traders Report - July 13, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 10. 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 dropped in WTI during the week ended July 10 following last week’s gains. Non-commercials reduced net length by -12.3k to 199.2k in futures and by -15......
NORTH AMERICAN RIG WATCH
| July 13, 2012
Baker Hughes
Baker Hughes shows 1,949 active rigs as of July 13, 2012, down -12 from a week ago. Oil rigs were up by +8 (ht: +5, vt-dir: +3) and total gas rigs dropped by -20 (ht: -13, vt-dir: -7). Horizontal oil rigs went up by +3 in Permian (NM), +2 in Permian (TX), and +1 in Anadarko (OK), while going down by -3 in Eagle Ford (TX). Vertical/directional oil rigs went down by -7 in Permian (TX), but were up by +5 in Permian (NM). Horizontal gas rigs dropped by -2 in Haynesville (LA) and Marcellus ( NEPA .....
NORTH AMERICAN RIG WATCH
| July 13, 2012
Schlumberger (SMITH) Stats
STATS shows 1,860 active rigs as of July 13, 2012, up +3 rigs from a week ago. Oil rigs were up by +1 (ht: -7, vt-dir: +8) and total gas rigs increased by +2 (ht: -7, vt-dir: +9). Horizontal oil rigs went up by +4 in Barnett Combo (TX), +2 in Bakken (MT) and by +1 in Anadarko (TX), while going down by -4 in Anadarko (OK). Vertical/Directional oil rigs went up by +5 in Anadarko (OK). Horizontal gas rigs were up by +2 in Granite Wash (TX), and +1 in Woodford (Arkoma). The biggest drop in hori.....
EIA NG STORAGE REPORT
| July 12, 2012
July 12, 2012
EIA reported a +33 bcf injection for the week ended July 6 (Bloomberg median +27 bcf, Bloomberg Whisper +27 bcf). The 20 estimates submitted to Bloomberg varied from +18 bcf to +34 bcf with a standard deviation of 4 bcf. Our model showed +33 bcf. Nationwide cooling degree days reported by NOAA showed a sharp increase and reached 100 CDDs from 66 CDDs the week before. Total US: +33 bcf ( LCMC +33 bcf; Bloomberg median +27 bcf) East: +20 bcf West: +13 bcf Producing: 0 bcf Today’s +33 .....
CFTC COT
| July 09, 2012
Commitment of Traders Report - July 9, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 3. 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 expanded in WTI during the week ended July 3 after decreasing in six out of the previous eight weeks. Non-commercials increased net length by 27.3k to 2.....
NORTH AMERICAN RIG WATCH
| July 06, 2012
Baker Hughes
Baker Hughes shows 1,961 active rigs as of July 6, 2012, up +6 from a week ago. Oil rigs were down by -2 (ht: -3, vt-dir: +1) and total gas rigs went up by +8 (ht: +6, vt-dir: +2). Horizontal oil rigs went up by +5 in Bakken (ND) and +4 in Eagle Ford (TX), while going down by -6 in Anadarko (OK) and -5 in “Other”. Vertical/directional oil rigs went down by -6 in Permian (TX), but were up by +3 in Anadarko (OK). Horizontal gas rigs went up by +3 in Marcellus ( NEPA ).
NORTH AMERICAN RIG WATCH
| July 06, 2012
Schlumberger (Smith) STATS
STATS shows 1,857 active rigs as of July 6, 2012, down -22 rigs from a week ago. Oil rigs came down by -4 (ht: 0, vt-dir: -4) and total gas rigs dropped by -18 (ht: -12, vt-dir: -6). Horizontal oil rigs went up by +4 in Eagle Ford (TX) and by +1 in Permian (TX), while going down by -2 in Anadarko (TX). Vertical/Directional oil rigs went up by +4 in Monterey (CA) but down by -2 in Permian (TX), Eagle Ford (TX) and Anadarko (OK). Horizontal gas rigs were down by -2 in Fayetteville (AR), Haynesv.....