Latest News

March 3, 2017

Soooo you’re saying there’s Another Pipeline Being Planned from the SCOOP/STACK? – On their Q4 2016 earnings call, ONEOK (OKS) announced that it was in talks with producers to build a 1.4 Bcf/day pipeline from the SCOOP/STACK area to Bennington Hub in SE Oklahoma. ONEOK’s pipeline will deliver volumes to Bennington, allowing producers to contract separately on interconnecting pipelines and therefore designating it only as “intrastate.”……..

Fly Like an Eagle Ford – Drilling in the Eagle Ford was slow to respond to the oil price rally in 2016, but operators have added 15 rigs in the past month and over 50 rigs (160% increase) since the low-point in May 2016……

I’ll Take Permian Takeaway for 300 – Continuing a trend seen across most midstream players in the Permian Sunoco Logistics (SLX) announced several new crude take away projects from their basin in 4Q 2016……….

Linking Up EN a Newfield – EnLink recently announced a G&P exploration agreement with Newfield Exploration in the STACK. EnLink is transparent about what rigs are dedicated on their operating report and commented about one producer operating four rigs on the drilling space unit (DSU)…….

Data Insights is a weekly report covering midstream market news and trends. For more details on these and other Data Insights, email insight@eastdaley.com to receive the weekly report.