NORTH AMERICAN RIG WATCH
| August 31, 2018
August 31, 2018
US: Baker Hughes shows 1046 active rigs as of August 31, 2018, higher by +4 from the previous week. Oil rigs increased by +2 to 862 (ht: -1; vt-dir: +3), and gas-directed rigs increased by +2 to 184 (ht: -1; vt-dir: +3). Horizontal oil rigs increased by +2 in Permian (TX), by +1 in Anadarko (KS) and by +1 in Anadarko (TX), while declining by -1 in Permian (NM) and by -4 in Other areas not associated with a specific play. Horizontal gas rigs increased by +1 in Marcellus (WV), while declining by .....
U.S. COAL DELIVERIES TO POWER PLANTS
| August 30, 2018
September 2018
Please find attached U.S. Coal Deliveries to Electric Power Plants with data through June 2018. The report contains volume and price data where available.
EIA NG STORAGE REPORT
| August 30, 2018
August 30, 2018
The EIA reported a +70 bcf net build in inventory this week. The injection was -3 bcf lower than our estimate and -8 bcf lower than the Bloomberg median. While our revision this morning got us closer to the salt number this week, the Pacific and Midwest both injected more than we predicted, making our original Tuesday estimate of a 70 bcf build ironically correct – albeit for the wrong reasons. Our preliminary estimate for next week’s number is an injection in the low to mid-60 bcf range. .....
NGL MARKET RECAP
| August 29, 2018
August 29, 2018
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
| August 28, 2018
August 28, 2018
Please find the attached data and charts detailing U.S. gas imports and power demand for the week ended August 23, 2018. Total net imports for the reference week averaged -2.89 bcf/d, up +0.05 bcf/d week-on-week. During the same week last year, U.S. net imports averaged -0.73 bcf/d. Average natural gas demand in the power sector was 35.7 bcf/d, down by -2.2 bcf/d week-over-week. During the reference week, the contiguous US observed 79 population weighted CDDs, down by -10 week over week.
WEEKLY NG MARKET COMMENTARY
| August 26, 2018
August 26, 2018
Please follow the link below to find our weekly natural gas commentary report, highlighting key trends in this week’s natural gas market.
CFTC COT
| August 24, 2018
Commitments of Traders Report – August 24, 2018
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 21. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in natural gas , but decreased in Brent, gasoline, gasoil, heating oil and WTI during the reference week. Non-commercials net length in natural gas rose by +24.4k to +279.1k in futures and increased by +21.7k.....
NORTH AMERICAN RIG WATCH
| August 24, 2018
August 24, 2018
US: Baker Hughes shows 1042 active rigs as of August 24, 2018, lower by -13 from the previous week. Oil rigs decreased by -9 to 860 (ht: -2; vt-dir: -7), and gas-directed rigs decreased by -4 to 182 (ht: -1; vt-dir: -3). Horizontal oil rigs increased by +3 in Permian (TX) and by +1 in Monterey (CA), while declining by -4 in Bakken (ND), by -1 in Anadarko (OK) and by -1 in Permian (NM). Horizontal gas rigs increased by +3 in Haynesville (TX) and by +1 in Eagle Ford (TX), while declining by -1 in.....
EIA NG STORAGE REPORT
| August 23, 2018
August 23, 2018
The EIA reported a +48 bcf net build in inventory this week. The injection was -7 bcf lower than our estimate and -2 bcf lower than the Bloomberg median. Almost the entirety of our miss this week was in the South Central, which was -8 bcf lower than our flow model for the region. Our preliminary estimate for next week’s number is an injection in the mid 60 bcf range. If we further break down the South Central, the majority of our miss boiled down to salt cavern draws this week. Our sample .....
NGL MARKET RECAP
| August 22, 2018
August 22, 2018 [CORRECTION]
Correction: Earlier today, the ‘ NGL Market Recap’ report was sent with the wrong attachment. This email updates the attached file. No other changes have been made. 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.