NORTH AMERICAN RIG WATCH
| July 20, 2012
Schlumberger (SMITH) Stats
STATS shows 1,853 active rigs as of July 20, 2012, down -7 rigs from a week ago. Oil rigs were up by +17 (ht: +10, vt-dir: +7) and total gas rigs decreased by -24 (ht: -21, vt-dir: -3). This week marked the first time total oil rigs exceeded 1,400, representing an almost sevenfold increase from the low of 211 oil rigs recorded the week ended April 10, 2009. During that time, horizontal oil rigs jumped from 60 to 813. Moreover, this week also saw total natural gas rigs drop below 450 for the f.....
DOE CRUDE STATS
| July 18, 2012
July 18, 2012
U.S. crude oil inventories declined by -809k bbl in the week ended July 13, while Cushing stocks decreased by -500k bbl. Distillate inventories rose by +2,619k bbl and gasoline inventories dropped by -1,815k bbl. Please find attached this week’s detailed statistical report. 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)......
CFTC COT
| July 13, 2012
Commitment of Traders Report - July 13, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 10. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. Non-commercial net length dropped in WTI during the week ended July 10 following last week’s gains. Non-commercials reduced net length by -12.3k to 199.2k in futures and by -15......
OIL PRICE MONITOR
| July 13, 2012
July 13, 2012
Attached is this week’s Oil Price Monitor, which provides an overview of global oil market activity across a range of dimensions, from spot crude and product prices to forward curves, refining margins, product arbitrage, and weekly DOE EIA data.
NORTH AMERICAN RIG WATCH
| July 13, 2012
Baker Hughes
Baker Hughes shows 1,949 active rigs as of July 13, 2012, down -12 from a week ago. Oil rigs were up by +8 (ht: +5, vt-dir: +3) and total gas rigs dropped by -20 (ht: -13, vt-dir: -7). Horizontal oil rigs went up by +3 in Permian (NM), +2 in Permian (TX), and +1 in Anadarko (OK), while going down by -3 in Eagle Ford (TX). Vertical/directional oil rigs went down by -7 in Permian (TX), but were up by +5 in Permian (NM). Horizontal gas rigs dropped by -2 in Haynesville (LA) and Marcellus ( NEPA .....
NORTH AMERICAN RIG WATCH
| July 13, 2012
Schlumberger (SMITH) Stats
STATS shows 1,860 active rigs as of July 13, 2012, up +3 rigs from a week ago. Oil rigs were up by +1 (ht: -7, vt-dir: +8) and total gas rigs increased by +2 (ht: -7, vt-dir: +9). Horizontal oil rigs went up by +4 in Barnett Combo (TX), +2 in Bakken (MT) and by +1 in Anadarko (TX), while going down by -4 in Anadarko (OK). Vertical/Directional oil rigs went up by +5 in Anadarko (OK). Horizontal gas rigs were up by +2 in Granite Wash (TX), and +1 in Woodford (Arkoma). The biggest drop in hori.....
DOE CRUDE STATS
| July 11, 2012
July 11, 2012
U.S. crude oil inventories declined by -4,696k bbl in the week ended July 6, while Cushing stocks decreased by -859k bbl. Distillate inventories built +3,112k bbl and gasoline inventories gained +2,752k bbl. Please find attached this week’s detailed statistical report. 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). Ma.....
CFTC COT
| July 09, 2012
Commitment of Traders Report - July 9, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 3. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. Non-commercial net length expanded in WTI during the week ended July 3 after decreasing in six out of the previous eight weeks. Non-commercials increased net length by 27.3k to 2.....
NORTH AMERICAN RIG WATCH
| July 06, 2012
Baker Hughes
Baker Hughes shows 1,961 active rigs as of July 6, 2012, up +6 from a week ago. Oil rigs were down by -2 (ht: -3, vt-dir: +1) and total gas rigs went up by +8 (ht: +6, vt-dir: +2). Horizontal oil rigs went up by +5 in Bakken (ND) and +4 in Eagle Ford (TX), while going down by -6 in Anadarko (OK) and -5 in “Other”. Vertical/directional oil rigs went down by -6 in Permian (TX), but were up by +3 in Anadarko (OK). Horizontal gas rigs went up by +3 in Marcellus ( NEPA ).
OIL PRICE MONITOR
| July 06, 2012
July 6, 2012
Attached is this week’s Oil Price Monitor, which provides an overview of global oil market activity across a range of dimensions, from spot crude and product prices to forward curves, refining margins, product arbitrage, and weekly DOE EIA data.