Boom in Crude Oil Exports Nears Key Threshold
Booming US crude oil exports are nearing a key threshold that could trigger big changes in the market, according to…
Crude
Pipeline Owners Await a Cash Flow Gusher
Many pipeline owners will see a record tariff increase of up to 13.3% starting as soon as July 1, setting…
Chevron Gives a $7.6 Billion Endorsement to DJ Basin
Chevron (CVX) will acquire PDC Energy (PDCE) in an all-stock deal for $6.3B ($72/share), confirming the major’s commitment to the…
Exports are the Big Prize of OKE-MMP Combo
The merger of ONEOK (OKE) and Magellan (MMP) could reap big profits from exports, according to East Daley Analytics.
ONEOK Joins Midstream Elite with $19B Magellan Purchase
ONEOK’s (OKE) $18.8B acquisition of Magellan Midstream Partners (MMP) places the company at the head table in Midstream.
Wildfires Cut Oil and Gas Flows from Canada
Wildfires have led Canadian producers and midstream operators to shut-in some infrastructure.
Delaware Producer is Moving Downstream
Independent producer Matador Resources (MTDR) is building a midstream foothold in the Delaware Basin.
Environmentalists Target Colorado Permitting Ban
An environmental coalition plans to put forward a state ballot initiative to ban the permitting of oil and gas wells…
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.
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.