Reading the 3Q25 Tea Leaves: NGL Exports Climb for Most Operators
The 3Q earnings season approaches, what East Daley dubs “Christmas in October,” and the latest export data provides early insight…
Enterprise
Fast Track to a Glut? Targa’s Speedway Pipe Ups Ante on NGL Overbuild
Energy Transfer, Enterprise, MPLX LP, Natural Gas Liquids, Oneok, Permian, Phillips 66, Targa, The Daley Note
Targa Resources (TRGP) last week announced the Speedway NGL Pipeline, a new Permian-to-Mont Belvieu system, alongside the Yeti gas plant…
Neches River Ramp Pushes Ethane Exports to Record in September
US ethane exports likely hit a record high in September thanks to a ramp at Enterprise Products’ (EPD) new Neches…
Plains on the Prowl: Hunt for Crude Assets Could Land on Eagle Ford JV
Plains All American is on the hunt for oil assets as it transforms into a crude oil midstream pure play.…
Crude Bottlenecks Threaten Permian Gas Ambitions
The industry is banking on more natural gas supply from the Permian Basin. Yet meeting this additional demand for Permian…
Delaware Sour Gas Trend Points to Winners, Targets in Midstream
Sour gas development is a leading trend in the Delaware Basin and, as East Daley highlighted last week, acid gas…
Sour Gas is a Sweet Opportunity for Midstream
Managing sour gas is becoming a challenge for Delaware Basin producers. Development is shifting to the deeper Avalon and Bone…
Plains All Texan? EPIC Deal Solidifies PAA’s Stronghold in Permian, Eagle Ford
Plains All American will acquire a 55% non-operated interest in EPIC Crude Holdings, LP for $1.57B, the company announced last…
How the NGL Overbuild Benefits Ethane Exports
The industry is on track to overbuild Permian NGL pipelines and LPG export docks, but the excess capacity may prove…
MPLX Sells Rockies Assets for $1.0B, Keeps NGLs Ahead of Export Push
MPLX reached a deal to sell its Rockies G&P assets in the Green River and Uinta basins to Harvest Midstream…