NORTH AMERICAN RIG WATCH
| June 24, 2022
June 24, 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 751 active rigs as of June 24, 2022, higher by +13 from the previous week. Oil rigs increased by +10 to 594 (ht: +8; vt-dir: +2), and gas-directed rigs increased by +3 to 157 (ht: +3; vt-dir: unch). Horizontal oil rigs increased by +3 in Permian (TX), by +2 in Anadarko (OK), by +2 in Eagle Ford (TX) and by +.....
EIA NG STORAGE REPORT
| June 23, 2022
June 23, 2022
Dear , The EIA reported an +74 bcf injection, 14 bcf greater than our estimate of +60 bcf and 12 bcf greater than the Bloomberg median of +62 bcf. Our models are currently showing storage activity of +64, +43, +49, +43, +38, +37 bcf over the next six weeks for a total of +274 bcf, compared to +251 bcf for the same period last year and the five-year average of +294 bcf.
SPECTRUM
| June 21, 2022
June 21, 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 June 16, 2022: LCMC 6-wk NG storage estimate: +60, +62, +37, +44, +38, +32. Total +273 vs +284 LY and +343 5-yr avg. This week by region: E: +22; MW: +26, MTN: +4, PAC: +9; SC: -1 (S: -11, NS: +10). No analysts reported on BBG. Total net exports averaged 10.71 bcf/d, do.....
CFTC COT
| June 17, 2022
June 17, 2022
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 14. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in gasoline, heating oil and gasoil , but decreased in natural gas, WTI and Brent during the reference week. Non-commercials net length in natural gas decreased by -37.0k to +115.2k in futures and d.....
EUROPEAN NG TRADE
| June 17, 2022
June 17, 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
| June 17, 2022
June 17, 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 738 active rigs as of June 17, 2022, higher by +7 from the previous week. Oil rigs increased by +4 to 584 (ht: +3; vt-dir: +1), and gas-directed rigs increased by +3 to 154 (ht: +3; vt-dir: unch). Horizontal oil rigs increased by +6 in Permian (NM), by +1 in Anadarko (TX), by +1 in Eagle Ford (TX) and by +1 .....
EIA NG STORAGE REPORT
| June 16, 2022
June 16, 2022
Dear , The EIA reported an +92 bcf injection, 1 bcf greater than our own estimate of +91 bcf and 2 bcf greater than the Bloomberg median of +90 bcf. The following report contains updated seasonal balances for Summer 2022 and Winter 2022/23. Our models are currently showing storage activity of +62, +50, +28, +50, +46, +40 bcf over the next six weeks for a total of +276 bcf, compared to +284 bcf for the same period last year and the five-year average of +343 bcf
NGL MARKET RECAP
| June 15, 2022
June 15, 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
| June 14, 2022
June 14, 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. This report also contains our assessment of the news that the outage at Freeport LNG that began on June 8 will be extended to late 2022. For the week ending June 9, 2022: LCMC 6-wk NG storage estimate: +91, +61, +54, +55, +46, +42. Total +349 vs +274 LY and +390 5-yr avg. This week by regi.....
CFTC COT
| June 10, 2022
June 10, 2022
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 07. 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, Brent and heating oil , but decreased in WTI, gasoline and gasoil during the reference week. Non-commercials net length in natural gas rose by +8.1k to +152.2k in futures and grew by.....