WEEKLY NG MARKET COMMENTARY | October 01, 2017

October 1, 2017

Please follow the link below to find our weekly natural gas commentary report, highlighting key trends in this week’s natural gas market.


NORTH AMERICAN RIG WATCH | September 29, 2017

September 29, 2017

US: Baker Hughes shows 939 active rigs as of September 29, 2017, higher by +5 from the previous week. Oil rigs increased by +6 to 750 (ht: +6; vt-dir: unch), and gas-directed rigs decreased by -1 to 189 (ht: -2; vt-dir: +1). Horizontal oil rigs increased by +1 in Permian (NM) and by +8 in Other areas not associated with a specific play, while declining by -2 in Permian (TX) and by -1 in Anadarko (OK). Horizontal gas rigs increased by +1 in Haynesville (LA), while declining by -1 in Haynesville .....


U.S. COAL DELIVERIES TO POWER PLANTS | September 28, 2017

September 28, 2017

Please find attached U.S. Coal Deliveries to Electric Power Plants with data through July 2017. The report contains volume and price data where available.


EIA NG STORAGE REPORT | September 28, 2017

September 28, 2017

The EIA reported a +58 bcf injection for the week ending September 21st, the number was -6 bcf below our estimate and -9 bcf below the Bloomberg median. The region that led to most of our flow model’s miss was the Northeast. We were taken aback Monday when both TCO and Dominion systems reported much lower system injections than we expected. While we did factor in the direct impact of these lower injections on TCO and Dominion systems, the rippling effect of the OFOs and restrictions that.....


NGL MARKET RECAP | September 27, 2017

September 27, 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 | September 26, 2017

September 26, 2017

Please find the attached data and charts detailing U.S. gas imports and power demand for the week ended September 21, 2017. Total net imports for the reference week averaged -1.23 bcf/d, down by -0.08 bcf/d week-on-week. During the same week last year, U.S. net imports averaged +1.79 bcf/d. Average natural gas demand in the power sector was 33.6 bcf/d, up +6.4 bcf/d week-over-week. During the reference week, the contiguous US observed 65 population weighted CDDs, up 24 week over week.


CFTC COT | September 25, 2017

Commitments of Traders Report – September 25, 2017

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 19. 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, gasoil, heating oil and WTI during the reference week. Non-commercials net length in natural gas rose by +40.4k to +410.6k in futures and increased by +44.1k to +500.6k in .....


WEEKLY NG MARKET COMMENTARY | September 24, 2017

September 24, 2017

Please follow the link below to find our weekly natural gas commentary report, highlighting key trends in this week’s natural gas market.


NORTH AMERICAN RIG WATCH | September 22, 2017

September 22, 2017

US: Baker Hughes shows 934 active rigs as of September 22, 2017, lower by -1 from the previous week. Oil rigs decreased by -5 to 744 (ht: -6; vt-dir: +1), and gas-directed rigs increased by +4 to 190 (ht: +1; vt-dir: +3). Horizontal oil rigs increased by +4 in Permian (TX) and by +1 in Anadarko (TX), while declining by -4 in Eagle Ford (TX), by -3 in Anadarko (OK), by -2 in Bakken (ND) and by -2 in Other areas not associated with a specific play. Horizontal gas rigs increased by +1 in Haynesvil.....


EIA NG STORAGE REPORT | September 21, 2017

September 21, 2017

The EIA reported a 97 bcf injection for the week ending September 14th, the number was 4 bcf above our estimate and 5 bcf above the Bloomberg median. While our model was spot on for the Midwest, Pacific and Mountain regions, it overestimated the injection in the East and underestimated it in the South Central. In the East, injections fell back into the five-year range after very strong builds during the prior two weeks. The South Central continued to add inventory at a rapid pace in salt cav.....