NORTH AMERICAN RIG WATCH
| January 18, 2019
January 18, 2019
US: Baker Hughes shows 1050 active rigs as of January 18, 2019, lower by -25 from the previous week. Oil rigs decreased by -21 to 852 (ht: -17; vt-dir: -4), and gas-directed rigs decreased by -4 to 198 (ht: -2; vt-dir: -2). Horizontal oil rigs increased by +2 in Bakken (ND) and by +3 in Other areas not associated with a specific play, while declining by -10 in Anadarko (OK), by -7 in Permian (TX), by -2 in Anadarko (TX), by -2 in Permian (NM) and by -1 in Monterey (CA). Horizontal gas rigs incr.....
EIA NG STORAGE REPORT
| January 17, 2019
January 17, 2019
Our initial estimate for the week ending January 17th is a draw in the high 150s. While the week ending January 17th is expected to show a draw close to the 5-yr average, if significant HDDs do materialize for the end of January we could once again test the lows of the 5-yr range…
NGL MARKET RECAP
| January 16, 2019
January 16, 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.
U.S. NATURAL GAS TRADE AND POWER SECTOR DEMAND
| January 15, 2019
January 15, 2018
For the week ending January 10, 2018, We are anticipating a -72 bcf draw for Thursday’s natural gas storage report as indicated by our pipeline scrapes. E: -26; MW: -28; MTN : -7; PAC : -8; SC: -3. There are currently 3 analysts reporting on Bloomberg with an average of -85 bcf. For the next four weeks (incl. this week) we are anticipating draws of: -72, -158, -239, -264 Total net imports averaged -4.18 bcf/d, down by -0.19 bcf/d week-on-week. During the same week last year, U.S. net imp.....
WEEKLY NG MARKET COMMENTARY
| January 13, 2019
January 13, 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 January 10, 2019 (Northeast, Southeast, Midwest and Mountain).
NORTH AMERICAN RIG WATCH
| January 11, 2019
January 11, 2019
US: Baker Hughes shows 1075 active rigs as of January 11, 2019, unchanged from the previous week. Oil rigs decreased by -4 to 873 (ht: -4; vt-dir: unch), and gas-directed rigs increased by +4 to 202 (ht: +7; vt-dir: -3). Horizontal oil rigs increased by +1 in Permian (NM) and by +2 in Other areas not associated with a specific play, while declining by -6 in Anadarko (OK) and by -1 in Permian (TX). Horizontal gas rigs increased by +3 in Marcellus ( NEPA ), by +2 in Haynesville (LA), by +1 in Mar.....
EIA NG STORAGE REPORT
| January 10, 2019
January 10, 2019
Please note our extended U.S. and Canada tables covering the withdrawal season are included in the attachment. Based on the initial breakdown of our estimate for next week, we expect that, as of today East and Midwest inventories should be flat or at a surplus to last year’s levels. With four weeks in a row of mid-winter injections, this should put salt inventory levels at a ~100 bcf surplus to last year as of today…
NGL MARKET RECAP
| January 09, 2019
January 9, 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.
U.S. NATURAL GAS TRADE AND POWER SECTOR DEMAND
| January 08, 2019
January 8, 2019
For the week ending January 3, 2018, We are anticipating a -80 bcf draw for Thursday’s natural gas storage report as indicated by our pipeline scrapes. E: -9; MW: -32; MTN : -10; PAC : -15; SC: -14. There are currently 4 analysts reporting on Bloomberg with an average of -49 bcf and a standard deviation of 23. For the next four weeks (incl. this week) we are anticipating draws of: -80, -62, -154, -164 Total net imports averaged -3.63 bcf/d, up by +0.18 bcf/d week-on-week. During the same.....
WEEKLY NG MARKET COMMENTARY
| January 06, 2019
January 6, 2019
Please follow the link below to find our weekly natural gas commentary report, highlighting key trends in this week’s natural gas market.