Gas Expansions Bring New Problems Moving Permian Oil
New investments that solve for the Permian gas egress problem are likely to advance when constraints emerge moving crude oil.
Crude
Matterhorn Begins Flowing Gas from Permian
The Matterhorn pipeline has started flowing gas near Katy. East Daley expects supply growth across Permian commodities in 4Q24 thanks…
Diamondback, Kinetik Take 30% Stake in EPIC Crude
Executive Summary: Rigs: The total US rig count decreased by 2 W-o-W for the September 15 week, down to 564 from…
Permian’s Last Expandable Pipe Adds New Investors
Diamondback Energy (FANG) and Kinetik Holdings (KNTK) have acquired a joint 30% equity stake and committed more volume to EPIC…
Anchor Deepwater Project Touches Many Pipes
Chevron (CVX) has started production from the deepwater Anchor project. Crude oil produced from Anchor is set to lift volumes…
Gas Pipes are Green Light for Permian Growth
Executive Summary: Rigs: The total rig count decreased by 4 for the September 8 week, down to 561 from 565.…
CVX Starts Deepwater Anchor Project, Lifting Oil Supply for Several Pipes
Executive Summary: Rigs: The US rig count decreased by 12 for the September 1 week, down to 556 from 568. Infrastructure:…
Enbridge Lowers Spot Rates as Canadian Pipe Competition Heats Up
Enbridge Mainline is lowering spot rates in joint tariffs to incentivize deliveries to the Gulf Coast, an acknowledgement of new…
Matterhorn Leads 4Q Permian Production Higher
Executive Summary: Rigs: The total rig count decreased by 2 for the August 25 week, down to 566 from 568.…
Coincidence? Permian Production is Primed to Pop as WTI Falls
Permian Basin oil production is primed to grow along with natural gas in 4Q24 when Matterhorn Express Pipeline comes online.…