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.....
NORTH AMERICAN RIG WATCH
| May 18, 2012
Baker Hughes
Baker Hughes shows 1,982 active rigs as of May 18, 2012, up +12 from a week ago. Oil rigs went up by +10 (ht: +2, vt-dir: +8) and total gas rigs went up by +2 (ht: +4, vt-dir: -2). Horizontal oil rigs went up by +4 in Bakken (ND) and by +2 in Permian (NM), while going down by -3 in Anadarko (OK). Horizontal gas rigs went up by +6 in Eagle Ford (TX) and by +2 in Granite Wash (TX).
NORTH AMERICAN RIG WATCH
| May 18, 2012
Schlumberger (Smith) STATS
STATS shows 1,872 active rigs as of May 18, 2012, up +7 rigs from a week ago. Oil rigs went up by +14 (ht: -3, vt-dir: +17) and total gas rigs went down by -7 (ht: -8, vt-dir: +1). Horizontal oil rigs went up by +3 in Permian (TX), while going down by -3 in Monterey (CA) and by -2 in Anadarko (TX) and Eagle Ford (TX). Vertical/Directional oil rigs went up by +5 in Monterey (CA), followed by +3 in Eagle Ford (TX) and +2 in Permian (TX). Horizontal gas rigs went up by +2 in Marcellus ( SWPA ).....
EIA NG STORAGE REPORT
| May 17, 2012
May 17, 2012
EIA reported a +61 bcf injection for the week ended May 11 (Bloomberg median +54 bcf, Bloomberg Whisper +58 bcf). The 23 estimates submitted to Bloomberg varied from +45 bcf to +67 bcf with a standard deviation of 6 bcf. Our model showed +54 bcf. Weather was warmer week on week (31 HDDs vs. 57 HDDs), but this time lower temperatures in the South and Southeast put a damp on cooling demand as total CDDs only managed to move higher by 1 CDD to 25 CDDs from 24 CDDs the prior week. Total US: +.....
CFTC COT
| May 11, 2012
Commitment of Traders Report - May 11, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 8. 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. The price of WTI plunged -9% from May 1 to reach $97.01 on May 8 while WTI non-commercial net length experienced the sharpest drop (since data is available) during the week ende.....
NORTH AMERICAN RIG WATCH
| May 11, 2012
Baker Hughes
Dear Clients, We are happy to announce that starting with next week’s report we will also be sending out an excel spreadsheet with historical values in addition to the latest week’s snapshot attached to this report. Please do not hesitate to contact us at info@lcmc-research.com if you require any additional information or would like to provide feedback. Sincerely, LCMC Research Baker Hughes shows 1,970 active rigs as of May 11, 2012, up +9 from a week ago. Oil rigs went up .....