NORTH AMERICAN RIG WATCH
| October 11, 2019
October 11, 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 855 active rigs as of October 11, 2019, higher by +1 from the previous week. Oil rigs increased by +2 to 712 (ht: +1; vt-dir: +1), and gas-directed rigs decreased by -1 to 143 (ht: unch; vt-dir: -1). Horizontal oil rigs increased by +9 in Permian (TX) and by +1 in Eagle Ford (TX), while declining by -3 in Anad.....
EIA NG STORAGE REPORT
| October 10, 2019
October 10, 2019
Dear , Please note our extended U.S. and Canada tables covering the injection season are included in the attachment. The EIA reported a +98 bcf increase in inventories this week. The build was -2 bcf below our expectations and in-line with the Bloomberg median. Please follow the link below to find our commentary: Our miss in both the Mountain and Pacific regions is likely attributable to the early cold snap in the western half of the continent during the reference week. The early cold is difficu.....
NGL MARKET RECAP
| October 09, 2019
October 9, 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
| October 08, 2019
October 08, 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 3, 2019, We are anticipating a +100 bcf injection for Thursday’s natural gas storage report as indicated by our models. E: +31; MW: +36; MTN: +5; PAC: +6; SC: +22 (S:+6, NS: +16). There are currently 6 analysts reporting on Bloomberg with an average of +93 bcf. Over the next four weeks (incl. this week) we are anticip.....
WEEKLY NG MARKET COMMENTARY
| October 06, 2019
October 06, 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 3, 2019 (Northeast, Southeast, Midwest, Mountain and Pacific).
CFTC COT
| October 04, 2019
October 04, 2019
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended October 01. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials decreased net length in Brent, gasoline, natural gas, gasoil, heating oil and WTI during the reference week. Non-commercials net length in natural gas fell by -35.5k to -56.0k in futures and decreased by -28.4k to -19.5k in future.....
NORTH AMERICAN RIG WATCH
| October 04, 2019
October 04, 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 854 active rigs as of October 04, 2019, lower by -5 from the previous week. Oil rigs decreased by -3 to 710 (ht: -3; vt-dir: unch), and gas-directed rigs decreased by -2 to 144 (ht: unch; vt-dir: -2). Horizontal oil rigs increased by +4 in Permian (NM), by +1 in Bakken (ND) and by +2 in Other areas not associa.....
EIA NG STORAGE REPORT
| October 03, 2019
October 03, 2019
Dear , The EIA reported a +112 bcf increase in inventories this week. The build was aligned with our expectations and +5 bcf above the Bloomberg median. Please follow the link below to find our commentary: While our accuracy on this week’s total build was a pleasant surprise, we can’t deny a certain amount of the “precision” is attributable to luck, especially concerning non-salts, where we are still trying to improve on our lackluster track record this injection season. This week’s report showe.....
NGL MARKET RECAP
| October 02, 2019
October 2, 2019 [Correction]
Dear, Correction : Due to technical issues, the earlier report did not capture the latest weekly storage data. This update fixed the issue. 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
| October 01, 2019
October 1, 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 September 26, 2019, We are anticipating a +112 bcf injection for Thursday’s natural gas storage report as indicated by our models. E: +31; MW: +38; MTN: +5; PAC: +6; SC: +32 (S:+12, NS: +20). There are currently 5 analysts reporting on Bloomberg with an average of +106 bcf. Over the next four weeks (incl. this week) we are an.....