NORTH AMERICAN RIG WATCH
| December 22, 2017
December 22, 2017
US: Baker Hughes shows 931 active rigs as of December 22, 2017, higher by +1 from the previous week. Oil rigs were unchanged at 747 (ht: +1; vt-dir: -1), and gas-directed rigs increased by +1 to 184 (ht: -1; vt-dir: +2). Horizontal oil rigs increased by +3 in Permian (NM), by +1 in Bakken (ND) and by +1 in Permian (TX), while declining by -4 in Other areas not associated with a specific play. Horizontal gas rigs decreased by -1 in Other areas not associated with a specific play. Canada: Bake.....
U.S. COAL DELIVERIES TO POWER PLANTS
| December 22, 2017
December 2017
Please find attached U.S. Coal Deliveries to Electric Power Plants with data through October 2017. The report contains volume and price data where available.
EIA NG STORAGE REPORT
| December 21, 2017
December 21, 2017
The EIA reported a -182 bcf withdrawal for the week ending December 14th, the total withdrawal was 3 bcf more than our estimate and 7 bcf more than the Bloomberg median of -175 bcf. The stronger than expected pulls in the Northeast were most likely due to a combination of cold weather and high export levels from the region. The regional balances suggest that export levels remained strong during the reference week, despite the cold weather. Price points tied to supply like TETCO M2 and Domi.....
NGL MARKET RECAP
| December 20, 2017
December 20, 2017
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
| December 19, 2017
December 19, 2017
Please find the attached data and charts detailing U.S. gas imports and power demand for the week ended December 14, 2017. Total net imports for the reference week averaged -2.06 bcf/d, up by +0.35 bcf/d week-on-week. During the same week last year, U.S. net imports averaged +0.68 bcf/d. Average natural gas demand in the power sector was 29.2 bcf/d, up by +4.3 bcf/d week-over-week. During the reference week, the contiguous US observed 155 electric weighted HDDs, up by 58 week over week.
WEEKLY NG MARKET COMMENTARY
| December 17, 2017
December 17, 2017
Please follow the link below to find our weekly natural gas commentary report, highlighting key trends in this week’s natural gas market. Please note: due to the upcoming holidays this will be the final natural gas commentary report of the year, the reports will resume on January 7, 2018.
CFTC COT
| December 15, 2017
Commitments of Traders Report – December 15, 2017
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 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 Brent and gasoil , but decreased in gasoline, natural gas, heating oil and WTI during the reference week. Non-commercials net length in natural gas declined by -53.6k to +122.2k in futures and fell by -5.....
NORTH AMERICAN RIG WATCH
| December 15, 2017
December 15, 2017
US: Baker Hughes shows 930 active rigs as of December 15, 2017, lower by -1 from the previous week. Oil rigs decreased by -4 to 747 (ht: +2; vt-dir: -6), and gas-directed rigs increased by +3 to 183 (ht: +3; vt-dir: unch). Horizontal oil rigs increased by +2 in Bakken (ND) and by +3 in Other areas not associated with a specific play, while declining by -1 in Eagle Ford (TX), by -1 in Permian (NM) and by -1 in Permian (TX). Horizontal gas rigs increased by +2 in Marcellus ( SWPA ), by +1 in Hayn.....
EIA NG STORAGE REPORT
| December 14, 2017
December 14, 2017
The EIA reported a -69 bcf withdrawal for the week ending December 7th, this was 9 bcf stronger than our expectation and was 8 bcf stronger than the Bloomberg median. Almost all the error in our estimate this week was in the South Central region. Faulty assumptions around salt and non-salt dynamics and low visibility around non-salt nominations led our model to underestimate the extent of the large shift from injections to withdrawals in the South Central this week. The fact that non-salt st.....
NGL MARKET RECAP
| December 13, 2017
December 13, 2017
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.