Another One! ONEOK Adds to Permian NGL Pipeline Push
ONEOK (OKE) plans to loop its West Texas NGL (WTX NGL) pipeline, joining an industry push to expand NGL pipelines…
Energy Transfer
Barrels Wanted: $7.1B Crestwood Acquisition May Boost ET’s Downstream Volumes
Crestwood, Crude, Energy Transfer, Equitrans Midstream, Natural Gas Liquids, Oneok, Powder River, Targa, The Daley Note
Energy Transfer’s $7.1B acquisition of Crestwood Equity (CEQP) gives ET reach in new basins and could lift volumes on several…
Propane Storage Glut Could Spur More Exports
Rising propane stocks have become a major pressure point weighing on the market.
Pent-Up Travel Demand? Taking a Closer Look at ET’s Nederland NGL Export Expansion
Energy Transfer (ET) announced last quarter that it is expanding its NGL export capacity at its Nederland terminal, positioning itself…
Haynesville Rigs are Falling Fast. Who Takes the Hit?
Haynesville producers are slashing rig counts fast, bringing activity more in line with East Daley’s expectations at the start of…
The Wisdom Lost in the Data: ET Processing
Energy Transfer (ET) has been expanding natural gas processing on its Delaware system despite spare capacity. East Daley investigates the…
Market Dislocation Puts This Pipe on the MEP
Midcontinent Express Pipeline (MEP) posted a big 1Q23 due to dislocation in regional natural gas prices linked to Haynesville supply…
Energy Transfer’s Lake Charles LNG Request Denied
The Department of Energy (DOE) has denied a second request by Energy Transfer (ET) to extend the export license deadline…
A Breather for Mont Belvieu
A tight market is attracting new investments in the NGL space. East Daley expects developers to add 955 Mb/d of…
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…