EIA NG STORAGE REPORT
| June 07, 2012
June 7, 2012
EIA reported a +62 bcf injection for the week ended June 1 (Bloomberg median +58 bcf, Bloomberg Whisper +56 bcf). The 26 estimates submitted to Bloomberg varied from +45 bcf to +75 bcf with a standard deviation of 6 bcf. Our model showed +53 bcf. Much lower temperatures in the Rockies led to slightly higher heating degree days nationwide (15 HDDs vs. 14 HDDs), however, due to warmer weather in the other regions we saw a significant week on week increase in cooling degree days (55 CDDs vs. 32 CD.....
CFTC COT
| June 01, 2012
Commitment of Traders Report - June 1, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 29. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. Non-commercial net length in WTI declined a bit during the week ended May 29 while the price of WTI was almost unchanged at $90.76 (w-o-w change of -1%) on May 29. Non-commerci.....
NORTH AMERICAN RIG WATCH
| June 01, 2012
Baker Hughes
Baker Hughes shows 1,974 active rigs as of June 1, 2012, down -3 from a week ago. Oil rigs went up by +3 (ht: -6, vt-dir: +9) and total gas rigs went down by -6 (ht: -2, vt-dir: -4). Horizontal oil rigs went down by -2 in Anadarko (OK) and Anadarko (KS), while going up by +2 in Permian (TX). Vertical/directional oil rigs went up by +3 in Permian (TX) and Permian (NM). Horizontal gas rigs went down by -2 in Woodford (Anadarko) and Woodford (Arkoma).
NORTH AMERICAN RIG WATCH
| June 01, 2012
Schlumberger (Smith) STATS
STATS shows 1,838 active rigs as of June 1, 2012, down -23 rigs from a week ago. Oil rigs went down by -6 (ht: +4, vt-dir: -10) and total gas rigs went down by -17 (ht: -11, vt-dir: -6). Horizontal oil rigs went up by +3 in Bakken (MT), while going down by -3 in Bakken (ND) and -2 in Anadarko (OK). Vertical/Directional oil rigs went up by +4 in Bakken (ND), while going down by -18 in Permian (TX). Horizontal gas rigs went down by -3 in Marcellus ( NEPA ) and by -2 in Granite Wash (TX) and Ha.....
EIA NG STORAGE REPORT
| May 31, 2012
May 31, 2012
EIA reported a +71 bcf injection for the week ended May 25 (Bloomberg median +71 bcf, Bloomberg Whisper +70 bcf). The 26 estimates submitted to Bloomberg varied from +59 bcf to +82 bcf with a standard deviation of 5 bcf. Our model showed +70 bcf. Average weather was warmer week on week (14 HDDs vs. 24 HDDs), but this time around we actually managed to increase the total degree days count from the previous week as incremental CDDs made up for the lost HDDs (32 CDDs vs. 19 CDDs). Total US: +71.....
CFTC COT
| May 25, 2012
Commitment of Traders Report - May 25, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 22. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. Non-commercial net length in WTI rose slightly during the week ended May 22 — a contrast from the last two reports when net length has declines sharply. Non-commercials expanded .....
NORTH AMERICAN RIG WATCH
| May 25, 2012
Baker Hughes
Baker Hughes shows 1,977 active rigs as of May 25, 2012, down -5 from a week ago. Oil rigs went up by +1 (ht: +3, vt-dir: -2) and total gas rigs went down by -6 (ht: -5, vt-dir: -1). Horizontal oil rigs went down by -5 in Eagle Ford (TX), followed by -3 in Anadarko (OK) and -2 in Barnett Combo (TX), while going up by +2 in Bakken (ND). Horizontal gas rigs went down by -4 in Marcellus ( SWPA ) and by -2 in Barnett (TX) and Marcellus ( NEPA ), while going up by +5 in Eagle Ford (TX) and by +2 i.....
NORTH AMERICAN RIG WATCH
| May 25, 2012
Schlumberger (Smith) STATS
STATS shows 1,861 active rigs as of May 25, 2012, down -11 rigs from a week ago. Oil rigs went up by +1 (ht: +4, vt-dir: -3) and total gas rigs went down by -12 (ht: -6, vt-dir: -6). Horizontal oil rigs went up by +5 in Anadarko (OK) and by +4 in Permian (TX), while going down by -9 in Eagle Ford (TX). Vertical/Directional oil rigs went down by -7 in Permian (TX). Horizontal gas rigs went down by -4 in Granite Wash (TX) and by -3 in Granite Wash (OK), while going up by +2 in Eagle Ford (TX) .....
EIA NG STORAGE REPORT
| May 24, 2012
May 24, 2012
EIA reported a +77 bcf injection for the week ended May 18 (Bloomberg median +78 bcf, Bloomberg Whisper +76 bcf). The 24 estimates submitted to Bloomberg varied from +70 bcf to +90 bcf with a standard deviation of 5 bcf. Our model showed +71 bcf. Average weather was warmer week on week (24 HDDs vs. 31 HDDs), but again a combination of higher temperatures in the north and lower temperatures in the south led to a decrease in cooling demand. (19 CDDs vs. 25 CDDs). Total US: +77 bcf ( LCMC +71 .....
CFTC COT
| May 18, 2012
Commitment of Traders Report - May 18, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 15. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. Non-commercial net length declined across the petroleum complex during the week ended May 15 but at a relatively milder pace compared to last week. Non-commercials reduced net leng.....