NORTH AMERICAN RIG WATCH
| November 18, 2016
November 18, 2016
Baker Hughes shows 587 active rigs as of November 18, 2016, higher by +20 from the previous week. Oil rigs increased by +19 to 471 (ht: +9; vt-dir: +10), and gas-directed rigs increased by +1 to 116 (ht: +4; vt-dir: -3). Horizontal oil rigs increased by +4 in Permian (TX), by +4 in Anadarko (OK), by +1 in Permian (NM) and by +2 in Other, while decreasing by -1 in Eagle Ford (TX) and by -1 in Bakken (ND). Horizontal gas rigs increased by +1 in Eagle Ford (TX), by +1 in Haynesville (LA), by +1 in .....
EIA NG STORAGE REPORT
| November 17, 2016
November 17, 2016
The EIA reported a +30 bcf injection for the week ending November 10, above our estimate of +21 bcf and the Bloomberg median at +29 bcf. As for the regional breakdown, we underestimated the build in South Central and the Midwest. On November 10, the 7-day moving average HH-front month spread reached its lowest November level since 2011 (-$0.51/mmbtu). That incentive, combined with mild weather likely caused our flow model miss the mark. The weather argument also holds for the Midwest – the e.....
NGL MARKET RECAP
| November 16, 2016
November 16, 2016
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
| November 15, 2016
November 15, 2016
Please find attached data and charts detailing U. S. gas imports and power demand for the week ended November 10, 2016. Total net imports for the reference week averaged 0.83 bcf/d, lower by -0.88 bcf/d week-on-week. During the same week last year, U.S. net imports averaged 2.54 bcf/d. Average natural gas demand in the power sector was 23.2 bcf/d, lower by -1.0 bcf/d week-over-week. During the reference week, the contiguous US observed 48 electric-weighted HDDs, higher by +23 HDDs week over we.....
CFTC COT
| November 14, 2016
Commitments of Traders Report – November 14, 2016
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 08. 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 , but decreased in Brent, natural gas, gasoil, heating oil and WTI during the reference week. Non-commercials net length in natural gas decreased by -20.1k to +235.4k in futures and fell by -18......
NORTH AMERICAN RIG WATCH
| November 11, 2016
November 11, 2016
Baker Hughes shows 567 active rigs as of November 11, 2016, unchanged from the previous week. Oil rigs increased by +2 to 452 (ht: unch; vt-dir: +2), and gas-directed rigs decreased by -2 to 115 (ht: -2; vt-dir: unch). Horizontal oil rigs increased by +3 in Eagle Ford (TX) and by +1 in Permian (TX), while decreasing by -1 in Permian (NM), by -1 in Bakken (ND), by -1 in Anadarko (OK) and by -1 in areas of TX not associated with a tight oil play. Horizontal gas rigs decreased by -1 in Marcellus ( .....
NGL MARKET RECAP
| November 09, 2016
November 9, 2016
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
| November 08, 2016
November 8, 2016
Please find attached data and charts detailing U. S. gas imports and power demand for the week ended November 3, 2016. Total net imports for the reference week averaged 0.05 bcf/d, lower by -1.51 bcf/d week-on-week. During the same week last year, U.S. net imports averaged 1.67 bcf/d. Average natural gas demand in the power sector was 24.5 bcf/d, higher by +1.7 bcf/d week-over-week. During the reference week, the contiguous US observed 24 electric-weighted HDDs, lower by -15 HDDs week over wee.....
CFTC COT
| November 07, 2016
Commitments of Traders Report – November 07, 2016
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 01. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in heating oil , but decreased in Brent, gasoline, natural gas, gasoil and WTI during the reference week. Non-commercials net length in natural gas decreased by -93.3k to +255.5k in futures and declined by .....
NORTH AMERICAN RIG WATCH
| November 04, 2016
November 4, 2016
Baker Hughes shows 567 active rigs as of November 4, 2016, higher by +12 from the previous week. Oil rigs increased by +9 to 450 (ht: +7; vt-dir: +2), and gas-directed rigs increased by +3 to 117 (ht: +2; vt-dir: +1). Horizontal oil rigs increased by +5 in Permian (TX), by +3 in Anadarko (OK), by +2 in Bakken (ND) and by +1 in Eagle Ford (TX), while decreasing by -4 in Other. Horizontal gas rigs increased by +1 in Haynesville (LA) and by +1 in Woodford (Arkoma).