NORTH AMERICAN RIG WATCH
| April 27, 2018
April 27, 2018
US: Baker Hughes shows 1020 active rigs as of April 27, 2018, higher by +8 from the previous week. Oil rigs increased by +5 to 825 (ht: +11; vt-dir: -6), and gas-directed rigs increased by +3 to 195 (ht: +1; vt-dir: +2). Horizontal oil rigs increased by +7 in Permian (TX), by +6 in Anadarko (OK), by +3 in Bakken (ND), by +2 in Eagle Ford (TX) and by +1 in Anadarko (TX), while declining by -8 in Other areas not associated with a specific play. Horizontal gas rigs increased by +1 in Haynesville (.....
EIA NG STORAGE REPORT
| April 26, 2018
April 26, 2018
The EIA reported a -18 bcf net change in inventory this week. The draw was +5 bcf stronger than our estimate and +6 bcf stronger than the Bloomberg median. Regionally our largest miss was in the Midwest where the draw was larger than estimated. Both our models underestimated the Midwest this week: our regional balance model likely had difficulties estimating the high shoulder season RCI demand, while our flow model probably missed some behind utility storage pulls in Michigan (the jump in Mi.....
U.S. COAL DELIVERIES TO POWER PLANTS
| April 25, 2018
May 2018
Please find attached U.S. Coal Deliveries to Electric Power Plants with data through February 2018. The report contains volume and price data where available.
NGL MARKET RECAP
| April 25, 2018
April 25, 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
| April 24, 2018
April 24, 2018
Please find the attached data and charts detailing U.S. gas imports and power demand for the week ended April 19, 2018. Total net imports for the reference week averaged -2.63 bcf/d, down by -0.69 bcf/d week-on-week. During the same week last year, U.S. net imports averaged +0.15 bcf/d. Average natural gas demand in the power sector was 23.5 bcf/d, down by -0.8 bcf/d week-over-week. During the reference week, the contiguous US observed 63 electric weighted HDDs and 10 population weighted CDD.....
WEEKLY NG MARKET COMMENTARY
| April 22, 2018
April 22, 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
| April 20, 2018
Commitments of Traders Report – April 20, 2018
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended April 17. 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, gasoline, natural gas, heating oil and WTI , but decreased in gasoil during the reference week. Non-commercials net length in natural gas rose by +7.2k to +200.0k in futures and grew by +4.7k to +193.....
NORTH AMERICAN RIG WATCH
| April 20, 2018
April 20, 2018
US: Baker Hughes shows 1012 active rigs as of April 20, 2018, higher by +5 from the previous week. Oil rigs increased by +5 to 820 (ht: +6; vt-dir: -1), and gas-directed rigs were unchanged at 192 (ht: unch; vt-dir: unch). Horizontal oil rigs increased by +10 in Permian (TX) and by +2 in Other areas not associated with a specific play, while declining by -2 in Anadarko (OK), by -2 in Bakken (ND), by -1 in Eagle Ford (TX) and by -1 in Permian (NM). Horizontal gas rigs increased by +2 in Eagle Fo.....
EIA NG STORAGE REPORT
| April 19, 2018
April 19, 2018
The EIA reported a -36 bcf net change in inventory this week. The draw was 5 bcf stronger than our estimate and 10 bcf stronger than the Bloomberg median. Our current estimate for next week is another draw, this time in the mid-teens. Based on shifts in flow patterns we knew the South Central number was going to make or break our estimate this week. Much colder than normal weather in the Northeast (NE) and Midwest (MW) resulted in a large downward swing in flows to the Gulf (figure 1). What .....
NGL MARKET RECAP
| April 18, 2018
April 18, 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.