Best of 2024: One Simple Trick to Solve ONEOK Contracting Risk
ONEOK (OKE) faces a big contract cliff in 2028 on West Texas NGL, its Permian NGL pipeline. OKE can mitigate…
EnLink
Tiger II Plant Roars to Life for EnLink
EnLink Midstream has wasted no time putting its Tiger II plant to work in the Delaware. Volumes jumped immediately after…
Matterhorn is Great for Commodities – Except One
NGLs have had the pole position on hydrocarbon growth in 2024, due largely to incentives to extract ethane from the…
$3.3B EnLink Deal Moves the Needle for ONEOK
Anadarko, ArkLaTex, EnLink, Equity, Natural Gas, Natural Gas Liquids, Oneok, Permian, The Daley Note
ONEOK (OKE) is acquiring EnLink Midstream (ENLC) for $3.3B. The purchase move the needle in several ways: ENLC assets bridge…
One Simple Trick to Solve ONEOK Contracting Risk
ONEOK (OKE) faces a big contract cliff in 2028 on West Texas NGL, its Permian NGL pipeline. OKE can mitigate…
Matterhorn Pipe Start Pushed to 4Q24
The expected start-up of the Matterhorn Express Pipeline has been pushed to 4Q24, according to a recent update by the…
The Second Coming of GC Fractionator
The restart of Gulf Coast Fractionator says a lot about the state of NGL markets and the urgent need for…
Kinetik Starts a Different Sort of Border Conflict
Kinetik (KNTK) has started service on a pipeline extending the company’s West Texas G&P system into New Mexico, posing new…
Low Prices Slow Drilling on EnLink Anadarko System
Low natural gas prices have taken a toll on rig counts in the Anadarko Basin and led to lower activity…
Exxon-Pioneer Would Create a Monster for Permian Midstream
ExxonMobil is reportedly near a deal to buy Pioneer Resources for $60B, according to the Wall Street Journal. The merger…