NORTH AMERICAN RIG WATCH | September 09, 2022

September 09, 2022

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 757 active rigs as of September 09, 2022, lower by -1 from the previous week. Oil rigs decreased by -5 to 591 (ht: -5; vt-dir: unch), and gas-directed rigs increased by +4 to 166 (ht: +2; vt-dir: +2). Horizontal oil rigs increased by +1 in Anadarko (KS) and by +1 in Anadarko (TX), while declining by -2 in Pe.....

EIA NG STORAGE REPORT | September 08, 2022

September 8, 2022

Dear , The EIA reported a +54 bcf injection, 2 bcf less than our own estimate of +56 bcf and 1 bcf less than the Bloomberg median of +55 bcf. Our models are currently showing storage activity of +76, +92, +96, +117, +115, +104 bcf over the next six weeks for a total of +600 bcf, compared to +532 bcf for the same period last year and the five-year average of +482 bcf.

NGL MARKET RECAP | September 08, 2022

September 08, 2022

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. Data and charts of the Mont Belvieu non-LST to FEI, Propane Arbitrage, Butane Arbitrage and Mont Belvieu LST NGL Frac Spreads are not available today, due to an issue with our data provider.

SPECTRUM | September 07, 2022

September 7, 2022

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 1, 2022: LCMC 6-wk NG storage estimate: +56, +76, +91, +98, +111, +108. Total +540 vs +489 LY and +474 5-yr avg. This week by region: E: +17; MW: +30, MTN: +3, PAC: -2; SC: +8 (S: -1, NS: +9). 3 analysts reported on BBG with an average of +52 bcf. Total net ex.....

CFTC COT | September 02, 2022

September 02, 2022

Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 30. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in Brent and heating oil , but decreased in natural gas, WTI, gasoline and gasoil during the reference week. Non-commercials net length in natural gas decreased by -24.3k to +46.2k in futures and .....

EUROPEAN NG TRADE | September 02, 2022

September 2, 2022

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 02, 2022

September 02, 2022

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 758 active rigs as of September 02, 2022, lower by -5 from the previous week. Oil rigs decreased by -9 to 596 (ht: -3; vt-dir: -6), and gas-directed rigs increased by +4 to 162 (ht: +4; vt-dir: unch). Horizontal oil rigs increased by +2 in Bakken (ND) and by +1 in Permian (NM), while declining by -4 in Permi.....

EIA NG STORAGE REPORT | September 01, 2022

September 1, 2022

Dear , The EIA reported a +61 bcf injection, 7 bcf more than our own estimate of +54 bcf and 3 bcf more than the Bloomberg median of +58 bcf. This week's report contains updated seasonal balances for Summer 2022, Winter 2022/23, and Summer 2023. Our models are currently showing storage activity of +56, +58, +77, +96, +104, +105 bcf over the next six weeks for a total of +496 bcf, compared to +489 bcf for the same period last year and the five-year average of +474 bcf

NGL MARKET RECAP | August 31, 2022

August 31, 2022

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. Data and charts of the Mont Belvieu non-LST to FEI, Propane Arbitrage, Butane Arbitrage and Mont Belvieu LST NGL Frac Spreads are not available today, due to an issue with our data provider.

SPECTRUM | August 30, 2022

August 30, 2022

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 August 25, 2022: LCMC 6-wk NG storage estimate: +54, +49, +60, +81, +102, +107. Total +453 vs +424 LY and +438 5-yr avg. This week by region: E: +17; MW: +28, MTN: +3, PAC: -1; SC: +7 (S: +0, NS: +7). 4 analysts reported on BBG with an average of +59 bcf. Total net expo.....