NORTH AMERICAN RIG WATCH
| February 01, 2019
February 1, 2019
US: Baker Hughes shows 1045 active rigs as of February 01, 2019, lower by -14 from the previous week. Oil rigs decreased by -15 to 847 (ht: -7; vt-dir: -8), and gas-directed rigs increased by +1 to 198 (ht: unch; vt-dir: +1). Horizontal oil rigs increased by +1 in Anadarko (TX) and by +1 in Bakken (ND), while declining by -3 in Anadarko (OK), by -1 in Bakken (MT), by -1 in Permian (TX) and by -4 in Other areas not associated with a specific play. Canada: Baker Hughes shows 243 active rigs a.....
NGL MARKET RECAP
| January 30, 2019
January 30, 2019
Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices, ratios and fractionation spreads.
DOE CRUDE STATS
| January 30, 2019
January 30, 2019
U.S. crude oil inventories grew by +919k bbl in the week ended January 25, while Cushing stocks decreased by -145k bbl. Distillate inventories declined by -1122k bbl and gasoline inventories decreased by -2235k bbl. We also remind our clients that in-depth analysis of DOE weekly petroleum statistical releases can be conducted using the “Commodities Analytical Toolkit” in the Data Portal section of our website ( www.lcmc-research.com ). Major data points: Crude oil inventories : Grew by.....
NORTH AMERICAN RIG WATCH
| January 25, 2019
January 25, 2019
US: Baker Hughes shows 1059 active rigs as of January 25, 2019, higher by +9 from the previous week. Oil rigs increased by +10 to 862 (ht: +1; vt-dir: +9), and gas-directed rigs decreased by -1 to 197 (ht: +2; vt-dir: -3). Horizontal oil rigs increased by +4 in Permian (NM) and by +2 in Bakken (ND), while declining by -3 in Permian (TX), by -1 in Bakken (MT) and by -1 in Eagle Ford (TX). Horizontal gas rigs increased by +1 in Eagle Ford (TX), by +1 in Marcellus (WV) and by +1 in Other areas not.....
DOE CRUDE STATS
| January 24, 2019
January 24, 2019
DOE Report: January 24, 2019 U.S. crude oil inventories rose by +7970k bbl in the week ended January 18, while Cushing stocks fell by -190k bbl. Distillate inventories decreased by -617k bbl and gasoline inventories grew by +4050k bbl. We also remind our clients that in-depth analysis of DOE weekly petroleum statistical releases can be conducted using the “Commodities Analytical Toolkit” in the Data Portal section of our website ( www.lcmc-research.com ). Major data points: Crude oil.....
NGL MARKET RECAP
| January 24, 2019
January 24, 2019
Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices, ratios and fractionation spreads.
NORTH AMERICAN RIG WATCH
| January 18, 2019
January 18, 2019
US: Baker Hughes shows 1050 active rigs as of January 18, 2019, lower by -25 from the previous week. Oil rigs decreased by -21 to 852 (ht: -17; vt-dir: -4), and gas-directed rigs decreased by -4 to 198 (ht: -2; vt-dir: -2). Horizontal oil rigs increased by +2 in Bakken (ND) and by +3 in Other areas not associated with a specific play, while declining by -10 in Anadarko (OK), by -7 in Permian (TX), by -2 in Anadarko (TX), by -2 in Permian (NM) and by -1 in Monterey (CA). Horizontal gas rigs incr.....
NGL MARKET RECAP
| January 16, 2019
January 16, 2019
Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices, ratios and fractionation spreads.
DOE CRUDE STATS
| January 16, 2019
January 16, 2019
U.S. crude oil inventories decreased by -2683k bbl in the week ended January 11, while Cushing stocks fell by -743k bbl. Distillate inventories rose by +2967k bbl and gasoline inventories increased by +7503k bbl. We also remind our clients that in-depth analysis of DOE weekly petroleum statistical releases can be conducted using the “Commodities Analytical Toolkit” in the Data Portal section of our website ( www.lcmc-research.com ). Major data points: Crude oil inventories : Fell by -2.....
NORTH AMERICAN RIG WATCH
| January 11, 2019
January 11, 2019
US: Baker Hughes shows 1075 active rigs as of January 11, 2019, unchanged from the previous week. Oil rigs decreased by -4 to 873 (ht: -4; vt-dir: unch), and gas-directed rigs increased by +4 to 202 (ht: +7; vt-dir: -3). Horizontal oil rigs increased by +1 in Permian (NM) and by +2 in Other areas not associated with a specific play, while declining by -6 in Anadarko (OK) and by -1 in Permian (TX). Horizontal gas rigs increased by +3 in Marcellus ( NEPA ), by +2 in Haynesville (LA), by +1 in Mar.....