NORTH AMERICAN RIG WATCH
| February 11, 2022
February 11, 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 634 active rigs as of February 11, 2022, higher by +21 from the previous week. Oil rigs increased by +19 to 516 (ht: +17; vt-dir: +2), and gas-directed rigs increased by +2 to 118 (ht: +2; vt-dir: unch). Horizontal oil rigs increased by +8 in Permian (TX), by +5 in Eagle Ford (TX), by +2 in Anadarko (OK), by.....
EIA NG STORAGE REPORT
| February 10, 2022
February 10, 2022
Dear , The EIA reported a -222 bcf withdrawal, 3 bcf greater than our estimate of -219 bcf and equal to the Bloomberg median. This report contains updated seasonal balances for Winter 2021/22 and Summer 2022. Our models are currently showing storage activity of -210, -137, -84, -93, -58, -33 bcf over the next six weeks for a total of -615 bcf, compared to -788 bcf for the same period last year and the five-year average of -631 bcf.
NGL MARKET RECAP
| February 09, 2022
February 09, 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 and Butane Arbitrage are not available today, due to an issue with our data provider.
SPECTRUM
| February 08, 2022
February 8, 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 February 3, 2022: LCMC 6-wk NG storage estimate: -219, -207, -164, -117, -97, -69. Total -874 vs -933 LY and -720 5-yr avg. This week by region: E: -57; MW: -69, MTN: -11, PAC: -11; SC: -71 (S: -23, NS: -48). 3 analysts reported on BBG with an average estimate of -222 b.....
CFTC COT
| February 04, 2022
February 04, 2022
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended February 01. 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, gasoline and gasoil , but decreased in WTI, Brent and heating oil during the reference week. Non-commercials net length in natural gas increased by +8.6k to +273.4k in futures and.....
NORTH AMERICAN RIG WATCH
| February 04, 2022
February 04, 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 613 active rigs as of February 04, 2022, higher by +3 from the previous week. Oil rigs increased by +2 to 497 (ht: +1; vt-dir: +1), and gas-directed rigs increased by +1 to 116 (ht: +1; vt-dir: unch). Horizontal oil rigs increased by +3 in Permian (TX), by +1 in Anadarko (TX), by +1 in Bakken (MT), by +1 in .....
EIA NG STORAGE REPORT
| February 03, 2022
February 3, 2022
Dear , The EIA reported a -268 bcf withdrawal, 11 bcf less than our estimate of -279 bcf and 12 bcf less than the Bloomberg median of -280 bcf. This report contains commentary on the state of Lower 48 and Salt inventories, as well as comparisons of the current season to the Winter of 2013/14. Our models are currently showing storage activity of -221, -217, -167, -134, -94, -66 bcf over the next six weeks for a total of -899 bcf, compared to -933 bcf for the same period last year and the five-ye.....
NGL MARKET RECAP
| February 02, 2022
February 02, 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 and Butane Arbitrage are not available today, due to an issue with our data provider.
U.S. COAL DELIVERIES TO POWER PLANTS
| February 01, 2022
February 2022
Dear , Please find below the link to U.S. Coal Deliveries to Electric Power Plants with data through November 2021. The report contains volume and price data where available. Data files include plant-level stocks. The chart below shows the volume-weighted average cost of delivered coal. Prices ($/mmbtu) are on the left axis, volumes (millions short tons) are on the right axis. That is aggregate data for all ranks and all destinations listed in the report.
SPECTRUM
| February 01, 2022
February 1, 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 January 27, 2022: LCMC 6-wk NG storage estimate: -279, -228, -231, -159, -146, -116. Total -1159 vs -1099 LY and -804 5-yr avg. This week by region: E: -68; MW: -84, MTN: -10, PAC: -4; SC: -113 (S: -51, NS: -62). 3 analysts reported on BBG with an average estimate of -2.....