SPECTRUM | January 31, 2023

January 31, 2023

Dear , Please find below the link to this week's detailed inventory forecast, our 6-wk storage outlook, along with natural gas trade and power sector demand estimates and highlights of reference week balances. For the week ending January 26, 2023: LCMC 6-wk NG storage estimate: -149, -211, -183, -123, -123, -105 bcf. Total -895 vs -1086 LY and -927 5-yr avg. This week by region: E: -47; MW: -50, MTN: -10, PAC: -12; SC: -30 (S: -5, NS: -25). 2 analysts reported on BBG with a median of -144 bcf. T.....

CFTC COT | January 27, 2023

January 27, 2023

Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 24. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in WTI, Brent, gasoline, heating oil and gasoil , but decreased in natural gas during the reference week. Non-commercials net length in natural gas fell by -11.8k to -158.2k in futures and decrea.....

EUROPEAN NG TRADE | January 27, 2023

January 27, 2023

Dear , Please find below the link to this week's European natural gas trade and storage estimates, either in units of bcf/d or MMcm/d. European flows and storage inventories include nations in the EU-27 plus the United Kingdom, but discount the five Baltic States (Estonia, Finland, Latvia, Lithuania, and Sweden), as well as Malta and Cyprus.

NORTH AMERICAN RIG WATCH | January 27, 2023

January 27, 2023

Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 769 active rigs as of January 27, 2023, unchanged from the previous week. Oil rigs decreased by -4 to 609 (ht: +1; vt-dir: -5), and gas-directed rigs increased by +4 to 160 (ht: +4; vt-dir: unch). Horizontal oil rigs increased by +2 in Bakken (ND) and by +1 in Anadarko (OK), while declining by -2 in Bakken (.....

EIA NG STORAGE REPORT | January 27, 2023

January 26, 2023

Dear , The EIA reported an -91 bcf withdrawal, 7 bcf greater than our call of -84 bcf and 8 bcf greater than the Bloomberg median of -83 bcf. Our models are currently showing storage activity of -147, -232, -163, -155, -123, -103 bcf over the next six weeks for a total of -923 bcf, compared to -1,086 bcf for the same period last year and the five-year average of -927 bcf

NGL MARKET RECAP | January 25, 2023

January 25, 2023

Dear , Please find below the link to this week’s NGL Market Recap, which provides an overview of North American NGL statistics as well as global LPG prices, spreads/arbitrages and ratios. Data and charts of the Mont Belvieu non-LST to FEI, Propane Arbitrage, Butane Arbitrage and Mont Belvieu LST NGL Frac Spreads are not available today, due to an issue with our data provider.

SPECTRUM | January 24, 2023

January 24, 2023 (Revised)

Dear , NOTE: Following a final inventory posting from Southern Star, LCMC's call of the reference week withdrawal has been adjusted from -87 bcf to -84 bcf. Please find below the link to this week's detailed inventory forecast, our 6-wk storage outlook, along with natural gas trade and power sector demand estimates and highlights of reference week balances. For the week ending January 19, 2023: LCMC 6-wk NG storage estimate: -84, -132, -207, -270, -135, -108 bcf. Total -935 vs -1177 LY and -10.....

CFTC COT | January 20, 2023

January 20, 2023

Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 17. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in WTI, Brent, heating oil and gasoil , but decreased in natural gas and gasoline during the reference week. Non-commercials net length in natural gas fell by -15.6k to -146.4k in futures and dec.....

EUROPEAN NG TRADE | January 20, 2023

January 20, 2023

Dear , Please find below the link to this week's European natural gas trade and storage estimates, either in units of bcf/d or MMcm/d. European flows and storage inventories include nations in the EU-27 plus the United Kingdom, but discount the five Baltic States (Estonia, Finland, Latvia, Lithuania, and Sweden), as well as Malta and Cyprus.

NORTH AMERICAN RIG WATCH | January 20, 2023

January 20, 2023

Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 769 active rigs as of January 20, 2023, lower by -4 from the previous week. Oil rigs decreased by -10 to 613 (ht: -6; vt-dir: -4), and gas-directed rigs increased by +6 to 156 (ht: +6; vt-dir: unch). Horizontal oil rigs decreased by -1 in Eagle Ford (TX), by -1 in Permian (NM) and by -4 in Other areas not as.....