NORTH AMERICAN RIG WATCH
| October 17, 2025
October 17, 2025
Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 539 active rigs as of October 17, 2025, higher by +1 from the previous week. Oil rigs were unchanged at 418 (ht: +4; vt-dir: -4), and gas-directed rigs increased by +1 to 121 (ht: +2; vt-dir: -1). Horizontal oil rigs increased by +3 in Permian (TX) and by +1 in Permian (NM). Horizontal gas rigs increased by .....
EIA NG STORAGE REPORT
| October 16, 2025
October 16, 2025
Dear , The EIA reported a +80 bcf injection for the week ending October 9, 2 bcf larger than our estimate of +78 bcf and 1 bcf smaller than Bloomberg’s median forecast of +81 bcf. Our models are currently showing storage activity of +83, +77, +70, +33, +8 and -20 bcf over the next six weeks for a total of +251 bcf, compared to +273 bcf for the same period last year and the five-year average of +208 bcf.
NGL MARKET RECAP
| October 16, 2025
October 16, 2025
Dear , Please find below the link to this week’s NGL Market Recap, which provides an overview of North American NGL statistics as well as global LPG prices, spreads/arbitrages and ratios.
SPECTRUM
| October 14, 2025
October 14, 2025
Dear , Please find below the link to this week's detailed inventory forecast, our 6-wk storage outlook, along with natural gas trade and power sector demand estimates and highlights of reference week balances. For the week ending October 9, 2025: We anticipate a +78 bcf injection for Thursday's natural gas storage report. Regional breakdown for the reference week: E: +23; MW: +25, MTN: +5, PAC: +2; SC: +23 (S: +10, NS: +13). There is currently 1 analyst reporting an estimate of +76 bcf on Bloomb.....
NORTH AMERICAN RIG WATCH
| October 10, 2025
October 10, 2025
Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 538 active rigs as of October 10, 2025, lower by -2 from the previous week. Oil rigs decreased by -4 to 418 (ht: -1; vt-dir: -3), and gas-directed rigs increased by +2 to 120 (ht: +3; vt-dir: -1). Horizontal oil rigs increased by +8 in Permian (NM), while declining by -8 in Permian (TX) and by -1 in Anadarko.....
EIA NG STORAGE REPORT
| October 09, 2025
October 09, 2025
Dear , The EIA reported a +80 bcf injection for the week ending October 2, 4 bcf higher than our estimate of +76 bcf and 2 bcf larger with Bloomberg’s median forecast of +78 bcf. Our models are currently showing storage activity of +82, +75, +74, +52, +29 and +10 bcf over the next six weeks for a total of +322 bcf, compared to +352 bcf for the same period last year and the five-year average of +317 bcf.
NGL MARKET RECAP
| October 08, 2025
October 08, 2025
Dear , Please find below the link to this week’s NGL Market Recap, which provides an overview of North American NGL statistics as well as global LPG prices, spreads/arbitrages and ratios.
SPECTRUM
| October 07, 2025
October 07, 2025
Dear , Please find below the link to this week's detailed inventory forecast, our 6-wk storage outlook, along with natural gas trade and power sector demand estimates and highlights of reference week balances. For the week ending October 2, 2025: We anticipate a +76 bcf injection for Thursday's natural gas storage report. Regional breakdown for the reference week: E: +25; MW: +31, MTN: +5, PAC: +4; SC: +11 (S: unch, NS: +11). There are currently 3 analysts reporting a median estimate of +77 bcf .....
NORTH AMERICAN RIG WATCH
| October 03, 2025
October 03, 2025
Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 540 active rigs as of October 03, 2025, lower by -1 from the previous week. Oil rigs decreased by -2 to 422 (ht: -1; vt-dir: -1), and gas-directed rigs increased by +1 to 118 (ht: +1; vt-dir: unch). Horizontal oil rigs increased by +1 in Anadarko (OK), while declining by -1 in Eagle Ford (TX) and by -1 in Pe.....
EIA NG STORAGE REPORT
| October 03, 2025
October 03, 2025
Dear , The EIA reported a +53 bcf injection for the week ending September 25, 7 bcf lower than our estimate of +60 bcf and 11 bcf smaller with Bloomberg’s median forecast of +64 bcf. Our models are currently showing storage activity of +77, +81, +79, +53, +39 and +28 bcf over the next six weeks for a total of +357 bcf, compared to +427 bcf for the same period last year and the five-year average of +398 bcf.