NORTH AMERICAN RIG WATCH
| January 27, 2017
January 27, 2017
Baker Hughes shows 711 active rigs as of January 27, 2017, higher by +18 from the previous week. Oil rigs increased by +15 to 566 (ht: +17; vt-dir: -2), and gas-directed rigs increased by +3 to 145 (ht: +3; vt-dir: unch). Horizontal oil rigs increased by +7 in Permian (TX), by +4 in Permian (NM), by +3 in Eagle Ford (TX), by +2 in Anadarko (OK), by +1 in Bakken (ND) and by +1 in Bakken (MT), while decreasing by -1 in Other. Horizontal gas rigs increased by +3 in Haynesville (LA), by +2 in Woodfo.....
EIA NG STORAGE REPORT
| January 26, 2017
January 26, 2017
The EIA reported a -119 bcf withdrawal for the week ending January 19, a slightly smaller draw than our estimate of -121 bcf and slightly larger than the Bloomberg median at -117 bcf. Despite a nationwide model output that was in line with the estimate reported by the EIA , our regional breakdown differed significantly from the EIA’s. Last week, most of the miss in our regional breakdown came from Midwest as our model posted -78 bcf vs EIA’s -70 bcf. This week our model underestimated East .....
NGL MARKET RECAP
| January 25, 2017
January 25, 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
| January 24, 2017
January 24, 2017
Please find attached data and charts detailing U.S. gas imports and power demand for the week ended January 19, 2017. Total net imports for the reference week averaged -0.47 bcf/d, lower by -0.43 bcf/d week-on-week. During the same week last year, U.S. net imports averaged +3.78 bcf/d. Average natural gas demand in the power sector was 21.2 bcf/d, lower by -4.1 bcf/d week-over-week. During the reference week, the contiguous US observed 103 electric-weighted HDDs, lower by -63 HDDs week over we.....
CFTC COT
| January 23, 2017
Commitments of Traders Report – January 23, 2017
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 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, gasoil, heating oil and WTI during the reference week. Non-commercials net length in natural gas increased by +31.7k to +381.1k in futures and grew by +29.8k to +426.9k in fu.....
NORTH AMERICAN RIG WATCH
| January 20, 2017
January 20, 2017
Baker Hughes shows 693 active rigs as of January 20, 2017, higher by +35 from the previous week. Oil rigs increased by +29 to 551 (ht: +18; vt-dir: +11), and gas-directed rigs increased by +6 to 142 (ht: +4; vt-dir: +2). Horizontal oil rigs increased by +8 in Permian (TX), by +6 in Anadarko (OK), by +3 in Bakken (ND), by +2 in Permian (NM), by +1 in Eagle Ford (TX) and +1 in Other, while decreasing by -3 in Anadarko (NM). Horizontal gas rigs increased by +1 in Haynesville (LA), by +1 in Marcellu.....
NGL MARKET RECAP
| January 19, 2017
January 19, 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
| January 17, 2017
January 17, 2017
Please find attached data and charts detailing U.S. gas imports and power demand for the week ended January 12, 2017. Total net imports for the reference week averaged -0.09 bcf/d, higher by +0.57 bcf/d week-on-week. During the same week last year, U.S. net imports averaged +2.81 bcf/d. Average natural gas demand in the power sector was 25.0 bcf/d, higher by +4.5 bcf/d week-over-week. During the reference week, the contiguous US observed 165 electric-weighted HDDs, higher by +31 HDDs week over.....
CFTC COT
| January 16, 2017
Commitments of Traders Report – January 16, 2017
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 10. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in gasoline and WTI , but decreased in Brent, natural gas, gasoil and heating oil during the reference week. Non-commercials net length in natural gas decreased by -51.1k to +349.4k in futures and fell by -4.....
NORTH AMERICAN RIG WATCH
| January 13, 2017
January 13, 2017
Baker Hughes shows 658 active rigs as of January 13, 2017, lower by -6 from the previous week. Oil rigs decreased by -7 to 522 (ht: -1; vt-dir: -6), and gas-directed rigs increased by +1 to 136 (ht: +4; vt-dir: -3). Horizontal oil rigs increased by +3 in areas of Texas not associated with a specific play, while vertical/directional oil rigs decreased by -5. Horizontal gas rigs increased by +3 in Marcellus ( SWPA ), while vertical/directional gas rigs decreased by -3.