A Neglected Trophy in the Delaware
A modest oil pipeline in the northern Delaware Basin could capture upside from development in the hottest US oil play.
Crude
Ovintiv–EnCap Deal Sets Off a Midland Rig Fight
Ovintiv’s purchase of three EnCap-backed producers will result in a shrinking rig count in the Midland Basin.
Enterprise Lowers View on Commodity Supply
EPD has lowered supply growth expectations. EPD’s short- to medium-term gas forecast mostly aligns with East Daley’s outlook, but diverge…
Energy Transfer Flexes Dry Powder in Lotus Midstream Acquisition
Energy Transfer (ET) plans to acquire Lotus Midstream for $1.45B ($900MM cash), raising the midstream giant’s profile in Permian crude…
Trans Mountain Expansion Faces More Delays, Cost Hikes
Heavy oil producers in Western Canada will have to keep waiting before a pipeline expansion to the Pacific Coast opens…
Enbridge Eyes Gray Oak Expansion as Corpus Christi Routes Fill
East Daley will be watching Enbridge expand the Gray Oak Pipeline to Houston. Our Crude Hub Model confirms that routes…
East Daley Knows Plains
East Daley hit the nail on the head ahead of Plains All American’s 4Q22 earnings, matching reported Adj. EBITDA of…
NuStar Guidance: More Conservative than Texas
NuStar provided weak 2023 guidance for its Permian crude gathering system, in contrast to East Daley’s more optimistic outlook for…
Keystone Outage Could be Holiday Gift for Midstreamers
An outage on TC Energy’s Keystone oil pipeline could boost 4Q profits for some companies.
EOG on the Road to El Dorado
EOG is building a pipeline to its Dorado gas play, boosting a bullish Eagle Ford outlook.