A Dark Horse for NGL Upside in 2024
The Permian Basin will drive new NGL supply growth in 2024. Yet it may come as a surprise which midstream…
Energy Transfer
Chesapeake Puts 1 Bcf/d of Production on Hold
Chesapeake will pull back on drilling and new well starts in response to low natural gas prices. CHK is one…
Who Wants a Piece of WES? OXY Could Sell Western Midstream Stake
Denver Julesberg, Energy Transfer, Enterprise, Equity, Natural Gas, Permian, The Daley Note, Western Midstream Partners
Occidental Petroleum is reported to be exploring a sale of its stake in Western Midstream. East Daley Analytics made the…
ArkLaTex Samples Rise in February, Bucking Fall in Gas Prices
East Daley’s pipeline samples covering the ArkLaTex Basin have increased in February despite falling natural gas prices.
Pipe Outlook Brightens After Bridging Contract Cliff
East Daley raised our outlook for Midcontinent Express Pipeline after the pipeline successfully resigned capacity under short-term contracts that expired…
LPG Export Surge Pushes Docks to the Limit
East Daley expects NGL exports in the form of liquefied petroleum gas (LPGs) to hit a record high in 4Q23,…
Sunoco’s $7.3B NuStar Deal Opens Options for Energy Transfer
Sunoco’s $7.3B NuStar buy could drive earnings and future synergies with Energy Transfer, adding growth options and refining Sunoco’s crude…
The Case for Upside from a CHK–SWN Combo
The Chesapeake-Southwestern merger could be good or bad news for midstream companies, depending how a few factors break. East Daley…
Is $17B CHK – SWN Deal Good for Midstream? The Bear Case
Chesapeake and Southwestern Energy will merge and create the largest US natural gas producer. EDA expects the deal to shift…
DJ Basin Crude Recovery is Nearly Complete
Oil production from the Denver Julesburg Basin has been steadily rebounding off lows hit in the 2020 downturn and will…