CFTC COT
| October 20, 2012
Commitment of Traders Report - October 19, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended October 16. 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-commercials reduced net length in WTI during the week ended October 16 after last week’s gain. Non-commercials decreased WTI net length by -11.0k to 258.1k in futures, .....
NORTH AMERICAN RIG WATCH
| October 19, 2012
Baker Hughes
Baker Hughes shows 1,837 active rigs as of October 19, 2012, up +4 from a week ago. Oil rigs decreased by -1 (ht: +6, vt-dir: -7) and total gas rigs increased by +5 (ht: -3., vt-dir: +8). Horizontal oil rigs increased by +3 in Permian (TX). Vertical/Directional oil rigs increased by+2 in Bakken (ND) and decreased by -7 in “other” region. Horizontal gas rigs decreased by -4 in Eagle Ford (TX). Vertical/Directional gas rigs increased by +6 in “Other” region.
NORTH AMERICAN RIG WATCH
| October 19, 2012
Schlumberger (Smith) STATS
STATS shows 1,784 active rigs as of October 19, 2012, down -7 rigs from a week ago. Oil rigs decreased by -18 (ht: -28, vt-dir: +10.) and total gas rigs increased by +9 (ht: +14, vt-dir: -5). Horizontal oil rigs decreased by -13 in Eagle Ford (TX) and -10 in “Other” region. Vertical/Directional oil rigs increased by +12 in “Other” region to 245, the highest in history. Horizontal gas rigs increased by +17 in Eagle Ford (TX) to 48 and +2 in Haynesville (TX) to 20.
EIA NG STORAGE REPORT
| October 18, 2012
October 18, 2012
EIA reported a +51 bcf injection for the week ended October 12 (Bloomberg median +47 bcf, Bloomberg Whisper +49 bcf). The 26 estimates submitted to Bloomberg varied from +28 bcf to +61 bcf with a standard deviation of 8 bcf. Our model showed +51 bcf. Nationwide cooling degree days reported by NOAA decreased to 11 CDDs from 27 CDDs the prior week. Nationwide HDDs increased to 81 from 29 in the prior week. Total US: +51 bcf ( LCMC +51 bcf; Bloomberg median +47 bcf) East: +24 bcf West: +8 .....
CFTC COT
| October 12, 2012
Commitment of Traders Report - October 12, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended October 9. 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-commercials expanded net length in WTI during the week ended October 9 after reducing net length during the previous two weeks. Non-commercial net length rose by +15.2k to.....
NORTH AMERICAN RIG WATCH
| October 12, 2012
Baker Hughes
Baker Hughes shows 1,833 active rigs as of October 12, 2012, down -2 from a week ago. Oil rigs increased by +13 (ht: +3, vt-dir: +10) and total gas rigs decreased by -15 (ht: -23., vt-dir: +8). Horizontal oil rigs decreased by -3 in Anadarko (OK). Vertical/directional oil rigs decreased by -5 in Permian (TX). Horizontal gas rigs decreased by -2 in Eagle Ford (TX) while vertical/directional rigs increased by +3 in Marcellus ( SWPA ). For oil rigs in “Other” region, horizontal rigs increased by.....
NORTH AMERICAN RIG WATCH
| October 12, 2012
Schlumberger (Smith) STATS
STATS shows 1,791 active rigs as of October 5, 2012, up +22 rigs from a week ago. Oil rigs increased by +31 (ht: +15, vt-dir: +16.) and total gas rigs decreased by -9 (ht: -12, vt-dir: +3). Horizontal oil rigs increased by +11 in “Other” region; eight of which came from Texas in areas outside the established shale plays. Vertical/directional oil rigs increased by +15 in Permian (TX). Horizontal gas rigs decreased by -8 in Eagle Ford (TX) to 31.
EIA NG STORAGE REPORT
| October 11, 2012
October 11, 2012
EIA reported a +72 bcf injection for the week ended October 5 (Bloomberg median +78 bcf, Bloomberg Whisper +78 bcf). The 24 estimates submitted to Bloomberg varied from +72 bcf to +98 bcf with a standard deviation of 5 bcf. Our model showed +77 bcf. Nationwide cooling degree days reported by NOAA decreased to 27 CDDs from 29 CDDs the prior week. Nationwide HDDs decreased to 29 from 34 in the prior week. Total US: +72 bcf ( LCMC +77 bcf; Bloomberg median +78 bcf) East: +42 bcf West: +3 b.....
CFTC COT
| October 05, 2012
Commitment of Traders Report - October 5, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended October 2. 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-commercials cut WTI net length (for the second consecutive week) during the week ended October 2 but at a milder pace. Non-commercial net length fell by -19.3k to 253.9k i.....
NORTH AMERICAN RIG WATCH
| October 05, 2012
Baker Hughes
Baker Hughes shows 1,835 active rigs as of October 5, 2012, down -10 from a week ago. Oil rigs decreased by -12 (ht: -16, vt-dir: +4) and total gas rigs increased by +2 (ht: +7., vt-dir: -5). Horizontal oil rigs went down by -6 in Eagle Ford (TX) and -3 in Bakken (ND). Vertical/directional oil rigs went down by -3 in Anadarko (OK). Horizontal gas rigs increased by +4 in Eagle Ford (TX). With the loss of -2 vertical/directional gas rigs in Granite Wash (TX), Baker Hughers data suggests that th.....