CFTC COT
| March 16, 2012
Commitment of Traders Report - March 16, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended March 13. 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 went back to adding net length in WTI during the week ended March 13 after the previous week’s decline following ten weeks of gains. WTI non-commercial net le.....
NORTH AMERICAN RIG WATCH
| March 16, 2012
Baker Hughes
Baker Hughes shows 1,980 active rigs as of March 16, 2012, up +14 rigs from a week ago. Oil rigs went up by +21 (ht: +21, vt-dir: unch) and total gas rigs fell by -7 (ht: -4, vt-dir: -3). Horizontal oil rigs went up by +7 in Anadarko (OK), followed by +3 in Permian (NM) and +2 in Anadarko (TX). Horizontal gas rigs went down by -8 in Haynesville (LA), while going up by +3 in Eagle Ford (TX) and +2 in Barnett (TX) and Woodford (Anadarko).
NORTH AMERICAN RIG WATCH
| March 16, 2012
Schlumberger (Smith) STATS
STATS shows 1,898 active rigs as of March 16, 2012, down -5 rigs from a week ago. Oil rigs went up by +20 (ht: +15, vt-dir: +5) and total gas rigs fell by -25 (ht: -16, vt-dir: -9). Horizontal oil rigs went up by +4 in Bakken (ND), followed by +3 in Anadarko (TX), while Permian (NM) added +4 vt-dir oil rigs. Horizontal gas rigs went down by -8 in Marcellus ( SWPA ) and by -7 in Haynesville (LA), while they went up by +3 in Marcellus (WV) and by +2 in Eagle Ford (TX).
EIA NG STORAGE REPORT
| March 15, 2012
March 15, 2012
EIA reported a -64 bcf withdrawal for the week ended March 9 (Bloomberg median -59 bcf, Bloomberg Whisper -60 bcf). The 24 estimates submitted to Bloomberg varied from -50 bcf to -65 bcf with a standard deviation of 4 bcf. Our pipeline scrape model showed -59 bcf. Weather was warmer week on week (142 HDDs vs. 160 HDDs) driven primarily by higher temperatures in the West consuming region and northern part of the East Consuming region. The Southeast and South Central experienced cooler weather. C.....
CFTC COT
| March 09, 2012
Commitment of Traders Report - March 9, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended March 6. 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. The week ended March 6 experienced a decline in non-commercial net length in WTI for the first time since December 20. Non-commercials reduced net length in WTI by 26.7k to 28.....
NORTH AMERICAN RIG WATCH
| March 09, 2012
Baker Hughes - NEW REPORT!
Dear clients, We are delighted to introduce our new report “U.S. Rig Watch – Baker Hughes.” This new report contains oil and gas rigs broken by type (horizontal and vertical/directional), by target (oil and gas), and by formation/state in an easy-to-follow layout. It has the identical template as its sister publication “U.S. Rig Watch – Schlumberger (Smith) STATS” to allow a direct comparison between the two sources. U.S. Rig Watch – Baker Hughes will be published Fridays shortly after sou.....
NORTH AMERICAN RIG WATCH
| March 09, 2012
Schlumberger (Smith) STATS
PLEASE NOTE : Starting today, LCMC will also publish a rig report based on Baker Hughes data. The new report will have the identical breakdown as the Schlumberger (Smith) STATS to allow a direct comparison between the two data sets. U.S. Rig Watch – Baker Hughes will be published Fridays shortly after source data becomes available. STATS shows 1,903 active rigs as of March 9, 2012, up +30 rigs from a week ago. Oil rigs went up by +32 (ht: +10, vt-dir: +22) and total gas rigs fell b.....
EIA NG STORAGE REPORT
| March 08, 2012
March 8, 2012
EIA reported a -80 bcf withdrawal for the week ended March 2 (Bloomberg median -85 bcf, Bloomberg Whisper -86 bcf). The 26 estimates submitted to Bloomberg varied from -56 bcf to -92 bcf with a standard deviation of 7 bcf. Our pipeline scrape model showed -88 bcf. Weather was slightly cooler week on week (160 HDDs vs. 159 HDDs), however we also had 5 CDDs primarily in the South Central region rather than the Southeast. Compared to last year we had -19 less HDDs (160 HDDs vs. 179 HDDs). Tota.....
CFTC COT
| March 02, 2012
Commitment of Traders Report - March 2, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended February 28. 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 increased net length across the petroleum complex again during the week ended February 28. As news flow from Iran continued, non-commercial net length in WTI .....
NORTH AMERICAN RIG WATCH
| March 02, 2012
Schlumberger (Smith) Rigs
STATS shows 1,873 active rigs as of March 2, 2012, up +17 rigs from a week ago. Oil rigs went up by +34 (ht: +24, vt-dir: +10) and total gas rigs fell by -17 (ht: -20, vt-dir: +3). Eagle Ford (TX) horizontal oil rigs went up by +9, while Monterey (CA) vertical/directional oil rigs went up by 5 and Permian (TX) vertical/directional oil rigs went up by +4. Marcellus ( NEPA ) lost the most horizontal gas rigs at -7, followed by Haynesville (LA) and Marcellus (WV) where horizontal gas rigs fell b.....