NORTH AMERICAN RIG WATCH | April 27, 2012

Schlumberger (Smith) STATS

STATS shows 1,899 active rigs as of April 27, 2012, up +2 rigs from a week ago. Oil rigs went up by +7 (ht: +8, vt-dir: -1) and total gas rigs went down by -5 (ht: -1, vt-dir: -4). Horizontal oil rigs went up by +8 in Eagle Ford (TX), while falling by -2 in Anadarko (TX) and by -2 in Permian (TX). Horizontal gas rigs went up by +5 in Granite Wash (TX), followed by +3 in Marcellus ( SWPA ) and +2 in Marcellus ( NEPA ). Horizontal gas rigs fell by -3 in Woodford (Anadarko) and by -2 in Eagle Fo.....

DOE CRUDE STATS | April 25, 2012

April 25, 2012

U.S. crude oil inventories increased by +3,978k bbl in the week ended April 20, while Cushing stocks built +574k bbl. Distillate inventories drew -3,052k bbl and gasoline inventories dropped by -2,235k bbl. Please find attached this week’s detailed statistical report. Major data points: Crude oil inventories : Built +3.98m bbl (vs. the API estimate of -1.0m bbl), driven by an increase in PADD III of +3.08m bbl that offset a draw of -2.17m bbl in PADD V. Stocks in Cushing rose by +0.....

CFTC COT | April 20, 2012

Commitment of Traders Report - April 20, 2012

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended April 17. 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 advanced net length in WTI for the first time in five weeks during the week ended April 17. Non-commercial net length in WTI increased by 13.4k to 250.0k in f.....

OIL PRICE MONITOR | April 20, 2012

April 20, 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 | April 20, 2012

Baker Hughes

Baker Hughes shows 1,968 active rigs as of April 20, 2012, up +22 from a week ago. Oil rigs went up by +15 (ht: +10, vt-dir: +5) and total gas rigs went up by +7 (ht: unch, vt-dir: +7). Horizontal oil rigs went up by +4 in Eagle Ford (TX), while going down by -2 in Permian (NM). Vertical/Directional oil rigs went up by +7 in Permian (TX) and +2 in Permian (NM). Horizontal gas rigs went down by -3 in Marcellus ( NEPA ), while going up by +2 in Woodford (Arkoma)

NORTH AMERICAN RIG WATCH | April 20, 2012

Schlumberger (Smith) STATS

STATS shows 1,897 active rigs as of April 20, 2012, up +5 rigs from a week ago. Oil rigs went up by +23 (ht: +11, vt-dir: +12) and total gas rigs went down by -18 (ht: -11, vt-dir: -7). Horizontal oil rigs went up by +5 in Monterey (CA) and by +3 in Bakken (ND), Eagle Ford (TX) and Permian (NM). Horizontal oil rigs fell by -3 in Anadarko (TX) and by -2 in Permian (TX). Horizontal gas rigs went down by -4 in Marcellus ( NEPA ) and by -2 in Fayetteville (AR) and Granite Wash (OK). Vertical/Di.....

DOE CRUDE STATS | April 18, 2012

April 18, 2012

U.S. crude oil inventories increased by +3,856k bbl in the week ended April 13, while Cushing stocks built +592k bbl. Distillate inventories drew -2,908k bbl and gasoline inventories dropped by -3,671k bbl. Please find attached this week’s detailed statistical report. Major data points: Crude oil inventories : Built +3.86m bbl (vs. the API estimate of +3.4m bbl), driven by an increase in PADD V of +3.38m bbl that offset a draw of -1.61m bbl in PADD I. Stocks in Cushing rose by +0.59m.....

CFTC COT | April 13, 2012

Commitment of Traders Report - April 13, 2012

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended April 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-commercials decreased net length in WTI for the fourth consecutive week during the week ended April 10. They curtailed WTI net length by 22.2k to 236.6k in futures and by.....

OIL PRICE MONITOR | April 13, 2012

April 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 | April 13, 2012

Baker Hughes

Baker Hughes shows 1,946 active rigs as of April 13, 2012, down -30 from a week ago. Oil rigs went down by -7 (ht: -5, vt-dir: -2) and total gas rigs went down by -23 (ht: -15, vt-dir: -8). Horizontal oil rigs went down by -2 in Bakken (ND) and by -2 in Permian (NM), while going up by +2 in Eagle Ford (TX). Vertical/Directional oil rigs went up by +3 in Permian (TX) and +2 in Permian (NM). Horizontal gas rigs went down by -9 in Haynesville (TX), followed by -7 in Haynesville (LA) and -3 in Gr.....