NORTH AMERICAN RIG WATCH
| November 15, 2019
November 15, 2019
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 803 active rigs as of November 15, 2019, lower by -11 from the previous week. Oil rigs decreased by -10 to 674 (ht: -3; vt-dir: -7), and gas-directed rigs decreased by -1 to 129 (ht: -5; vt-dir: +4). Horizontal oil rigs increased by +1 in Other areas not associated with a specific play, while declining by -2 i.....
EIA NG STORAGE REPORT
| November 14, 2019
November 14, 2019
Good afternoon , Contrary to our expectation of a single-digit withdrawal, the EIA reported a small injection today. Salt builds and Pacific withdrawals aside, our regional breakdown this week was off by a wide margin. One way we approach inventory change is the weekly differential in balances, and within that context, this week’s number is difficult to present as a continuation to last week’s EIA release. Since we did not make significant changes to our models over the two-week period, we suspe.....
NGL MARKET RECAP
| November 14, 2019
November 14, 2019
Dear, Please find below the link to this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices and ratios.
U.S. NATURAL GAS TRADE AND POWER SECTOR DEMAND
| November 13, 2019
November 13, 2019
Dear , Please find below the link to this week's detailed natural gas trade and power sector demand estimates and highlights of reference week balances: For the week ending November 7, 2019, We are anticipating a -7 bcf withdrawal for Thursday’s natural gas storage report as indicated by our models. E: -4; MW: -9; MTN: -3; PAC: -3; SC: +12 (S:+9, NS: +3). There are currently 9 analysts reporting on Bloomberg with an average of +2 bcf. Over the next four weeks (incl. this week) we are anticipatin.....
CFTC COT
| November 08, 2019
November 8, 2019
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 05. 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, natural gas and WTI , but decreased in gasoline, gasoil and heating oil during the reference week. Non-commercials net length in natural gas increased by +55.5k to -65.8k in futures and grew by +59......
NORTH AMERICAN RIG WATCH
| November 08, 2019
November 8, 2019
Dear , 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 814 active rigs as of November 08, 2019, lower by -7 from the previous week. Oil rigs decreased by -7 to 684 (ht: -7; vt-dir: unch), and gas-directed rigs were unchanged at 130 (ht: unch; vt-dir: unch). Horizontal oil rigs increased by +1 in Permian (TX) and by +1 in Other areas not associated with a sp.....
EIA NG STORAGE REPORT
| November 07, 2019
November 7, 2019
Good afternoon , We knew that the regional cold front this time of the year would make forecasting the number tricky but the extent of the miss in the non-salts South Central is puzzling. Emission events at liquids processing plants for the time frame under consideration refer to a third-party pipeline outage, but do not name the pipe (or capacity/duration). Our early forecast for next week’s number points to a single-digit draw . Based on the latest weather forecasts, the following two weeks w.....
NGL MARKET RECAP
| November 06, 2019
November 6, 2019
Dear, Please find below the link to this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices and ratios.
U.S. NATURAL GAS TRADE AND POWER SECTOR DEMAND
| November 05, 2019
November 5, 2019
Dear , Please find below the link to this week's detailed natural gas trade and power sector demand estimates and highlights of reference week balances: For the week ending October 31, 2019, We are anticipating a +39 bcf injection for Thursday’s natural gas storage report as indicated by our models. E: +14; MW: +12; MTN: -4; PAC: -4; SC: +21 (S:+10, NS: +11). There are currently 5 analysts reporting on Bloomberg with an average of +52 bcf. Over the next four weeks (incl. this week) we are antici.....
WEEKLY NG MARKET COMMENTARY
| November 04, 2019
November 3, 2019
Dear , Please follow the link below to find our weekly natural gas commentary report, highlighting key trends in this week’s natural gas market and our 4-week storage outlook: Included are the regional balances and flow analysis for the week ending October 31, 2019 (Northeast, Southeast, Midwest, Mountain and Pacific).