by Research Reports | Feb 4, 2022
The EIA reported a -268 Bcf withdrawal for the week ending Jan 28th, which was well below the ~280 Bcf market consensus. The lower draw was better tracked by most flow models; hence it looks like most of us misfired on our S/D weekly balance. Last reporting period was...
by Research Reports | Feb 3, 2022
For today’s storage report our final projection is -282 Bcf (S/D -282, Flow -272) The current Bloomberg survey is -280 and Bloomberg whisper is currently at -280 (the whisper is the average of the 17 top analysts). Here are the current ICE storage future settles...
by Research Reports | Feb 2, 2022
Today’s Fundamentals Daily US natural gas production is estimated to be 91.8 Bcf/d this morning. Today’s estimated production is -3 Bcf/d to yesterday, and -3.8 Bcf/d to the 7D average. The freezing conditions that are starting to move over East Texas and...
by Research Reports | Feb 1, 2022
L48 production is starting February much lower across the South Central and Northeast. The drop could be tied to 1st of month nomination noise that we typically see. We expect the Northeast production levels to be revised higher over the next few days. The South...
by Research Reports | Jan 31, 2022
Nat gas prices opened strong yesterday. Over the weekend there was no significant change in weather forecasts. The pattern from Friday’s 12Z actually shows a net loss in HDDs. With today’s forecast, we see sharp cold for the first week of Jan, after which both models...
