NORTH AMERICAN RIG WATCH
| August 05, 2016
August 5, 2016
Baker Hughes shows 462 active rigs as of August 5, 2016, higher by +2 from the previous week. Oil rigs increased by +7 to 381 (ht: +8; vt-dir: -1), while gas-directed rigs decreased by -5 to 81 (ht: unch; vt-dir: -5). Horizontal oil rigs increased by +4 in Eagle Ford (TX) and by +3 in Permian (NM). Horizontal gas rigs increased by +1 in Haynesville (TX) while decreasing by -1 in Marcellus (WV).
EIA NG STORAGE REPORT
| August 04, 2016
August 4, 2016
The EIA reported a -6 bcf withdrawal for the week ending July 28, coming in below our own number of -3 bcf and the Bloomberg median at -2 bcf. At a regional level, we underestimated the build in the East and the draw in South Central. Our model was also slightly off in the Mountain region. In last week’s storage report, we highlighted the factors that could push today’s draw beyond modeled values. As a policy, we publish the outcome of our models, but in hindsight, this was a week that called .....
NGL MARKET RECAP
| August 03, 2016
August 3, 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
| August 02, 2016
August 2, 2016
Please find attached data and charts detailing U. S. gas imports and power demand for the week ended July 28, 2016. Total net imports for the reference week averaged 2.34 bcf/d, higher by +0.26 bcf/d week-on-week. During the same week last year, U.S. net imports averaged 2.27 bcf/d. Average natural gas demand in the power sector was 39.3 bcf/d, higher by +3.6 bcf/d week-over-week. During the reference week, the contiguous US observed 114 population-weighted CDDs, higher by 16 CDDs week over we.....
CFTC COT
| August 01, 2016
August 01, 2016
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 26. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in natural gas and heating oil , but decreased in Brent, gasoline, gasoil and WTI during the reference week. Non-commercials net length in natural gas increased by +8.8k to +154.5k in futures and grew by +6.1k .....
NORTH AMERICAN RIG WATCH
| July 29, 2016
July 29, 2016
Baker Hughes shows 460 active rigs as of July 29, 2016, higher by +1 from the previous week. Oil rigs increased by +3 to 374 (ht: -2; vt-dir: +5), while gas-directed rigs decreased by -2 to 86 (ht: -1; vt-dir: -1). Horizontal oil rigs decreased by -2 in Eagle Ford (TX) and by -2 in Other. Horizontal gas rigs decreased by -2 in Haynesville (TX), by -1 in Eagle Ford (TX), by -1 in Marcellus ( SWPA ) and by -1 in Marcellus (WV), while increasing by +2 in Marcellus ( NEPA ) and by +1 in Eagle Ford (.....
EIA NG STORAGE REPORT
| July 28, 2016
July 28, 2016
The EIA reported a +17 bcf injection for the week ending July 21, coming in below our own number of +25 bcf and the Bloomberg median at +26 bcf. At a regional level, South Central represented the largest miss. Today’s inventory build in the teens made us look back a decade – the last time natural gas markets recorded a July injection in the teens was the week ending July 28, 2006 (+19 bcf). It is also worth noting that the small build for that week was preceded and followed by a withdrawal (.....
U.S. COAL DELIVERIES TO POWER PLANTS
| July 28, 2016
August 2016
Please find attached U.S. Coal Deliveries to Electric Power Plants with data through May 2016. The report contains volume and price data where available.
NGL MARKET RECAP
| July 27, 2016
July 27, 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
| July 26, 2016
July 26, 2016
Please find attached data and charts detailing U. S. gas imports and power demand for the week ended July 21, 2016. Total net imports for the reference week averaged 2.08 bcf/d, higher by +0.88 bcf/d week-on-week. During the same week last year, U.S. net imports averaged 2.12 bcf/d. Average natural gas demand in the power sector was 35.7 bcf/d, higher by +1.9 bcf/d week-over-week. During the reference week, the contiguous US observed 98 population-weighted CDDs, higher by 5 CDDs week over week.....