SPECTRUM
| September 13, 2023
September 13, 2023
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 September 7, 2023: LCMC 6-wk NG storage estimate: +48, +74, +77, +65, +108, and +115 bcf. Total +486 bcf vs +640 bcf LY and +525 bcf 5-yr avg. This week by region: E: +12; MW: +23, MTN: +7, PAC: +8; SC: -2 (S: -6, NS: +4). Total net exports averaged 13.63 bcf/d, up by 0.....
CFTC COT
| September 08, 2023
September 08, 2023
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 05. 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, WTI, Brent and gasoil , but decreased in gasoline and heating oil during the reference week. Non-commercials net length in natural gas grew by +18.8k to +11.5k in futures and ro.....
NORTH AMERICAN RIG WATCH
| September 08, 2023
September 08, 2023
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 626 active rigs as of September 08, 2023, unchanged from the previous week. Oil rigs increased by +1 to 513 (ht: -4; vt-dir: +5), and gas-directed rigs decreased by -1 to 113 (ht: -1; vt-dir: unch). Horizontal oil rigs increased by +2 in Bakken (MT) and by +1 in Permian (TX), while declining by -3 in Bakken .....
EUROPEAN NG TRADE
| September 08, 2023
September 08, 2023
Dear , Please find below the link to this week's European natural gas trade and storage estimates, either in units of bcf/d or MMcm/d. European flows and storage inventories include nations in the EU-27 plus the United Kingdom, but discount the five Baltic States (Estonia, Finland, Latvia, Lithuania, and Sweden), as well as Malta and Cyprus.
EIA NG STORAGE REPORT
| September 08, 2023
September 08, 2023
Dear , The EIA reported a +33 bcf injection, 5 bcf lower than our prediction of +38 bcf and 8 bcf less than Bloomberg’s median estimate of +41 bcf. Our models are currently showing storage activity of +42, +53, +73, +88, +100, and +112 bcf over the next six weeks for a total of +469 bcf, compared to +640 bcf for the same period last year and the five-year average of +525 bcf.
NGL MARKET RECAP
| September 07, 2023
September 07, 2023
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.
CFTC COT
| September 01, 2023
September 01, 2023
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 29. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in WTI and gasoil , but decreased in natural gas, Brent, gasoline and heating oil during the reference week. Non-commercials net length in natural gas declined by -23.6k to -7.4k in futures and de.....
EUROPEAN NG TRADE
| September 01, 2023
September 01, 2023
Dear , Please find below the link to this week's European natural gas trade and storage estimates, either in units of bcf/d or MMcm/d. European flows and storage inventories include nations in the EU-27 plus the United Kingdom, but discount the five Baltic States (Estonia, Finland, Latvia, Lithuania, and Sweden), as well as Malta and Cyprus.
NORTH AMERICAN RIG WATCH
| September 01, 2023
September 01, 2023
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 626 active rigs as of September 01, 2023, lower by -1 from the previous week. Oil rigs were unchanged at 512 (ht: unch; vt-dir: unch), and gas-directed rigs decreased by -1 to 114 (ht: -1; vt-dir: unch). Horizontal oil rigs increased by +2 in Anadarko (OK), by +1 in Bakken (ND) and by +1 in Other areas not a.....
EIA NG STORAGE REPORT
| September 01, 2023
August 31, 2023
Dear , The EIA reported a +32 bcf injection, 6 bcf higher than our prediction of +26 bcf and 3 bcf greater than Bloomberg’s median estimate of +29 bcf. Our models are currently showing storage activity of +38, +36, +40, +82, +102, and +104 bcf over the next six weeks for a total of +401 bcf, compared to +582 bcf for the same period last year and the five-year average of +500 bcf.