KMI, ET Duel to Meet Southeast Demand Growth
Kinder Morgan (KMI) and Energy Transfer (ET) have launched dueling projects to move more natural gas to the Southeast.
Anadarko
Summit Acquires Tall Oak in a Bet on Gas
Summit Midstream will acquire Tall Oak Midstream III for a mix of cash and equity. Tall Oak gives SMC its…
Green Shoots for a Gas Basin Turnaround?
Anadarko, ArkLaTex, Energy Transfer, Equity, Kinder Morgan, Natural Gas, Oneok, Targa, The Daley Note
Gas prices seem stuck near $2/MMBtu, yet some producers have been quietly growing rigs in the ArkLaTex (Haynesville) and Anadarko…
Why ONEOK is Rebuilding the Medford Frac
ONEOK (OKE) is rebuilding a 210 Mb/d fractionator in Medford, OK damaged in an explosion in July 2022. The move…
$3.3B EnLink Deal Moves the Needle for ONEOK
Anadarko, ArkLaTex, EnLink, Equity, Natural Gas, Natural Gas Liquids, Oneok, Permian, The Daley Note
ONEOK (OKE) is acquiring EnLink Midstream (ENLC) for $3.3B. The purchase move the needle in several ways: ENLC assets bridge…
Record Ethane Production Bodes Well for 2Q24 Earnings
Ethane was the top energy commodity performer in March ‘24, according to the latest EIA data. Higher recovery predicted by…
Low Prices Slow Drilling on EnLink Anadarko System
Low natural gas prices have taken a toll on rig counts in the Anadarko Basin and led to lower activity…
Winter Storm Bites into Gas Production, Storage
A mid-January Arctic blast put a serious dent in Lower 48 natural gas production last week and sent spot prices…
A Deeper Look at the EIA’s Latest NGL Data ─ NGL Production Surged Across All Basins
NGL production came in higher than expected in the Permian and Anadarko, indicating an uptick in GPMs in those regions.…
Mach IPO Highlights Tier 2 Potential
Mach Natural Resources launched an IPO last week, raising nearly $172MM. The offering reflects growing investor interest in the E&P…