NORTH AMERICAN RIG WATCH
| March 01, 2019
March 1, 2019
US: Baker Hughes shows 1038 active rigs as of March 01, 2019, lower by -9 from the previous week. Oil rigs decreased by -10 to 843 (ht: -8; vt-dir: -2), and gas-directed rigs increased by +1 to 195 (ht: +3; vt-dir: -2). Horizontal oil rigs increased by +1 in Anadarko (OK), while declining by -3 in Permian (TX), by -1 in Bakken (ND) and by -5 in Other areas not associated with a specific play. Horizontal gas rigs increased by +1 in Haynesville (LA) and by +2 in Other areas not associated with a .....
EIA NG STORAGE REPORT
| February 28, 2019
February 28, 2019
The EIA reported a -166 bcf decrease in inventories this week. This week’s draw was -5 bcf lower than our estimate and -8 bcf lower than the Bloomberg median. East, Midwest and Mountain regions all showed draws slightly below our estimate, leading to the 5 bcf miss. Our initial estimate for the week ending February 28th is a draw in the 150 bcf range. Initial nominations data has led us to revise our estimate for the coming storage week higher. Scrapes and regional balances both show stron.....
NGL MARKET RECAP
| February 27, 2019
February 27, 2019
Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices, ratios and fractionation spreads.
CFTC COT
| February 26, 2019
Commitments of Traders Report – February 26, 2019
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended February 12. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in gasoline and gasoil , but decreased in Brent, natural gas, heating oil and WTI during the reference week. Non-commercials net length in natural gas declined by -17.4k to +204.8k in futures and fell by -2.....
U.S. NATURAL GAS TRADE AND POWER SECTOR DEMAND
| February 26, 2019
February 26, 2019
For the week ending February 21, 2019, We are anticipating a -171 bcf draw for Thursday’s natural gas storage report as indicated by our pipeline scrapes. E: -42; MW: -54; MTN : -10; PAC : -16; SC: -49. There are currently 3 analysts reporting on Bloomberg with an average of -172 bcf. For the next four weeks (incl. this week) we are anticipating draws of: -171, -137, -222, -117 Total net imports averaged -4.72 bcf/d, down by -0.35 bcf/d week-on-week. During the same week last year, U.S. .....
WEEKLY NG MARKET COMMENTARY
| February 24, 2019
February 24, 2019
Please follow the link below to find our weekly natural gas commentary report, highlighting key trends in this week’s natural gas market. Included are the regional balances for the week ending February 21, 2019 (Northeast, Southeast, Midwest and Mountain).
CFTC COT
| February 22, 2019
Commitments of Traders Report – February 22, 2019
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended February 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 and gasoline , but decreased in natural gas, gasoil, heating oil and WTI during the reference week. Non-commercials net length in natural gas declined by -34.0k to +222.2k in futures and decreased .....
NORTH AMERICAN RIG WATCH
| February 22, 2019
February 22, 2019
US: Baker Hughes shows 1047 active rigs as of February 22, 2019, lower by -4 from the previous week. Oil rigs decreased by -4 to 853 (ht: -1; vt-dir: -3), and gas-directed rigs were unchanged at 194 (ht: +2; vt-dir: -2). Horizontal oil rigs increased by +1 in Bakken (ND) and by +1 in Permian (TX), while declining by -3 in Anadarko (OK). Horizontal gas rigs increased by +3 in Marcellus (WV), by +1 in Haynesville (TX) and by +1 in Woodford (Arkoma), while declining by -1 in Marcellus ( NEPA ) and.....
EIA NG STORAGE REPORT
| February 21, 2019
February 21, 2019
The EIA reported a -177 bcf decrease in inventories this week. This week’s draw was +2 bcf higher than our estimate and +8 bcf higher than the Bloomberg median. Our overestimate in the Mountain offset an underestimate in the South Central, keeping us close to the reported number. Our initial estimate for the week ending February 21st is a draw in the 170 bcf range. Looking ahead, if our forecast holds true for the next two weeks, we will enter March around the 1.4 tcf level. March itself h.....
NGL MARKET RECAP
| February 21, 2019
February 21, 2019
Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices, ratios and fractionation spreads.