Daily Market Report – Oct 18, 2021

Daily Market Report – Oct 18, 2021

LNG feedgas deliveries averaged 11 Bcf/d over the last week with some facilities returning to full output level and others reducing operations. Sabine lowered its operational level by 0.5 Bcf/d over the weekend to 3.3 Bcf/d. We don’t know of any specific maintenance...
Daily Market Report – Oct 15, 2021

Daily Market Report – Oct 15, 2021

Yesterday, the EIA reported at 81 Bcf injection for week ending Oct 8th. This report came in much lower than expectations. The route cause is likely seasonal nuke outages and low wind. As seen in the chart below, wind was well below the seasonal expected levels last...

Daily Market Report – Oct 14, 2021

For today’s storage report our final projection is +93 Bcf  (S/D @ +93, Scrape @ +88). The current Bloomberg survey is +95 and Bloomberg whisper is currently at +87 (the whisper is the average of the 17 top analysts). Here are the current...
Daily Market Report – Oct 13, 2021

Daily Market Report – Oct 13, 2021

Today’s Fundamentals Daily US natural gas production is estimated to be  92.4 Bcf/d this morning. Production was lower out of the South Central region yesterday with Enable pipeline starting some maintenance. Additionally, we have not see all the GoM production...
Daily Market Report – Oct 12, 2021

Daily Market Report – Oct 12, 2021

  Today’s Fundamentals Daily US natural gas production is estimated to be  92.2 Bcf/d this morning. Today’s estimated production is -0.29 Bcf/d to yesterday, and -0.36 Bcf/d to the 7D average. Natural gas consumption is modelled to be 69.3 Bcf...