NORTH AMERICAN RIG WATCH | July 24, 2015

July 24, 2015

Baker Hughes shows 875 active rigs as of July 24, 2015, higher by +19 from the previous week. Oil rigs increased by +21 to 659 (ht: +10; vt-dir: +11) while gas-directed rigs decreased by -2 to 216 (ht: +4; vt-dir: -2). Horizontal oil rigs increased by +3 in Eagle Ford (TX) and by +2 in Anadarko (OK), Anadarko (TX) and Permian (NM). Vertical/Directional oil rigs increased by +5 in areas of LA not associated with any specific play and by +5 in TX. Gas-directed horizontal rigs increased by +2 to 14.....


EIA NG STORAGE REPORT | July 23, 2015

July 23, 2015

EIA reported a +61 bcf injection for the week ending July 16 (Bloomberg median +68 bcf, Bloomberg whisper: +68 bcf). The 20 estimates submitted to Bloomberg varied from +64 bcf to +82 bcf with a standard deviation of 5 bcf. Our model showed +66 bcf. Nationwide natural gas-weighted heating degree days reported by NOAA decreased by -3 HDDs to 1 HDDs, while electricity-weighted cooling degree days increased by +8 CDDs to 74 CDDs. Total US: +61 bcf ( LCMC : +66 bcf, Bloomberg median: +68 bcf) .....


NGL MARKET RECAP | July 22, 2015

July 22, 2015

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.


CFTC COT | July 20, 2015

Commitments of Traders Report – July 20, 2015

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 14. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in Brent, gasoline, natural gas and heating oil , but decreased in gasoil and WTI during the reference week. Non-commercials net length in natural gas grew by +11.0k to -16.4k in futures and rose by +9.3k to +5.....


NORTH AMERICAN RIG WATCH | July 17, 2015

July 17, 2015

Baker Hughes shows 856 active rigs as of July 17, 2015, lower by -6 from the previous week. Oil rigs decreased by -7 to 638 (ht: -3; vt-dir: -4) while gas-directed rigs increased by +1 to 218 (ht: -1; vt-dir: +2). Horizontal oil rigs increased by +3 in Permian (TX) and Anadarko (OK), while decreasing by -6 in Eagle Ford (TX), -4 in areas of OK not associated with a specific play, and by -2 in Bakken (ND). Gas-directed horizontal rigs increased by +1 to 14 in Marcellus (WV), but decreased by -2 t.....


EIA NG STORAGE REPORT | July 16, 2015

July 16, 2015

EIA reported a +99 bcf injection for the week ending July 9 (Bloomberg median +96 bcf, Bloomberg whisper: +85 bcf). The 22 estimates submitted to Bloomberg varied from +84 bcf to +107 bcf with a standard deviation of 4 bcf. Our model showed +98 bcf. Nationwide natural gas-weighted heating degree days reported by NOAA decreased by -1 HDDs to 4 HDDs, while electricity-weighted cooling degree days increased by +14 CDDs to 66 CDDs. Total US: +99 bcf ( LCMC : +98 bcf, Bloomberg median: +96 bcf).....


NGL MARKET RECAP | July 15, 2015

July 15, 2015

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.


CFTC COT | July 13, 2015

July 13, 2015

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 07. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in Brent , but decreased in gasoline, natural gas, gasoil, heating oil and WTI during the reference week. Non-commercials net length in natural gas declined by -4.3k to -27.4k in futures and decreased by -5.6k .....


NORTH AMERICAN RIG WATCH | July 10, 2015

July 10, 2015

Baker Hughes shows 862 active rigs as of July 10, 2015, higher by +2 from the previous week. Oil rigs increased by +4 to 645 (ht: -2; vt-dir: +6) while gas-directed rigs decreased by -2 to 217 (ht: -1; vt-dir: -1). Horizontal oil rigs increased by +3 in Permian (NM) and by +2 in Anadarko (OK), while decreasing by -4 in Eagle Ford (TX) and by -3 in Bakken (ND). Gas-directed horizontal rigs decreased by -4 to 24 in Marcellus ( SWPA ).


EIA NG STORAGE REPORT | July 09, 2015

RESEND: July 9, 2015

The earlier version of this report did not include weekly Canadian injections past May 15, 2015. We included data through July 3. No other changes were made. EIA reported a +91 bcf injection for the week ending July 2 (Bloomberg median +86 bcf, Bloomberg whisper: +85 bcf). The 20 estimates submitted to Bloomberg varied from +79 bcf to +93 bcf with a standard deviation of 3 bcf. Our model showed +84 bcf. Nationwide natural gas-weighted heating degree days reported by NOAA increased by +3 H.....