NORTH AMERICAN RIG WATCH | July 06, 2012

Schlumberger (Smith) STATS

STATS shows 1,857 active rigs as of July 6, 2012, down -22 rigs from a week ago. Oil rigs came down by -4 (ht: 0, vt-dir: -4) and total gas rigs dropped by -18 (ht: -12, vt-dir: -6). Horizontal oil rigs went up by +4 in Eagle Ford (TX) and by +1 in Permian (TX), while going down by -2 in Anadarko (TX). Vertical/Directional oil rigs went up by +4 in Monterey (CA) but down by -2 in Permian (TX), Eagle Ford (TX) and Anadarko (OK). Horizontal gas rigs were down by -2 in Fayetteville (AR), Haynesv.....

DOE CRUDE STATS | July 05, 2012

July 5, 2012

U.S. crude oil inventories declined by -4,270k bbl in the week ended June 29, while Cushing stocks increased by +225k bbl. Distillate inventories decreased by -1,051k bbl and gasoline inventories gained +151k 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 | June 29, 2012

Commitment of Traders Report - June 29, 2012

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 26. 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-commercials shrank net length in WTI for the third week in a row during the week ended June 26. Non-commercial net length in in WTI declined by -17.0k to 184.2k in futures.....

OIL PRICE MONITOR | June 29, 2012

June 29, 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 | June 29, 2012

Baker Hughes

Baker Hughes shows 1,955 active rigs as of June 29, 2012, down -7 from a week ago. Oil rigs were unchanged (ht: +8, vt-dir: -8) and total gas rigs went down by -7 (ht: -2, vt-dir: -5). Horizontal oil rigs went up by +10 in Anadarko (OK) and +2 in Permian (TX) and Permian (NM), while going down by -4 in Bakken (ND) and -3 in Eagle Ford (TX). Vertical/directional oil rigs went down by -3 in Bakken (ND), Eagle Ford (TX) and Permian (TX). Horizontal gas rigs went down by -3 in Marcellus ( NEPA )......

NORTH AMERICAN RIG WATCH | June 29, 2012

Schlumberger (Smith) STATS

STATS shows 1,879 active rigs as of June 29, 2012, up +24 rigs from a week ago. Oil rigs went up by +21 (ht: +25, vt-dir: -4) and total gas rigs went up by +3 (ht: +6, vt-dir: -3). Horizontal oil rigs went up by +12 in Anadarko (TX) and by +8 in Eagle Ford (TX), while going down by -2 in Anadarko (OK). Vertical/Directional oil rigs went down by -3 in Eagle Ford (TX) and by -2 in Bakken (ND), Monterey (CA) and Permian (NM). Horizontal gas rigs went up by +4 in Fayetteville (AR), while going d.....

DOE CRUDE STATS | June 27, 2012

June 27, 2012

U.S. crude oil inventories declined by -133k bbl in the week ended June 22, while Cushing stocks decreased by -339k bbl. Distillate inventories decreased by -2,279k bbl and gasoline inventories gained +2,078k bbl. Please find attached this week’s detailed statistical report. Major data points: Crude oil inventories : Drew -0.13m bbl (vs. the API estimate of +0.5m bbl), in spite of a gain of +3.24m bbl in PADD III . Stocks in Cushing declined by -0.34m bbl (vs. the API estimate of -0.....

NORTH AMERICAN RIG WATCH | June 22, 2012

Baker Hughes

Baker Hughes shows 1,962 active rigs as of June 22, 2012, down -5 from a week ago. Oil rigs went up by +16 (ht: +18, vt-dir: -2) and total gas rigs went down by -21 (ht: -15, vt-dir: -6). Horizontal oil rigs went up by +4 in Eagle Ford (TX) and +2 in Anadarko (OK) and Permian (TX). Vertical/directional oil rigs went up by +8 in Permian (TX), while going down by -4 in Permian (NM). Horizontal gas rigs went down by -3 in Granite Wash (TX) and Marcellus ( SWPA ), followed by -2 in Barnett (TX), .....

CFTC COT | June 22, 2012

Commitment of Traders Report - June 22, 2012

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 19. 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-commercials shrank net length in WTI for the fifth time in seven weeks during the week ended June 19. Non-commercial net length in in WTI declined by -1.7k to 201.2k in fu.....

NORTH AMERICAN RIG WATCH | June 22, 2012

Schlumberger (Smith) STATS

STATS shows 1,855 active rigs as of June 22, 2012, up +9 rigs from a week ago. Oil rigs went up by +19 (ht: unch, vt-dir: +19) and total gas rigs went down by -10 (ht: -6, vt-dir: -4). Horizontal oil rigs went down by -9 in Eagle Ford (TX) and by -5 in Bakken (MT), while going up by +3 in Monterey (CA) and Permian (TX). Vertical/Directional oil rigs went up by +10 in Monterey (CA) and by +9 in Permian (TX). Horizontal gas rigs went down by -2 in Granite Wash (TX), while Granite Wash (OK) los.....