Transco Rate Case Keeps the Bulls Running for WMB
Williams (WMB) has filed a rate case for the Transco pipeline with big implications for performance next year. Consensus estimates…
Equity
New Name South Bow Fills Investor Niche
South Bow Corp. (SOBO) became an independent pipeline company October 1 following its spinoff from TC Energy (TRP). Investors interested…
Summit Acquires Tall Oak in a Bet on Gas
Summit Midstream will acquire Tall Oak Midstream III for a mix of cash and equity. Tall Oak gives SMC its…
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…
Permian’s Last Expandable Pipe Adds New Investors
Diamondback Energy (FANG) and Kinetik Holdings (KNTK) have acquired a joint 30% equity stake and committed more volume to EPIC…
Green Shoots for a Gas Basin Turnaround?
Anadarko, ArkLaTex, Energy Transfer, Equity, Kinder Morgan, Natural Gas, Oneok, Targa, The Daley Note
Gas prices seem stuck near $2/MMBtu, yet some producers have been quietly growing rigs in the ArkLaTex (Haynesville) and Anadarko…
Choked Haynesville Supply Hints at Brighter Year Ahead
Haynesville operators are sitting on ~1.2 Bcf/d of unused gas production from choked or delayed wells, according to East Daley’s…
New Projects to Open Bakken NGL Markets
The market for Bakken NGLs is set to open from several new pipeline projects.
ONEOK the Consolidator (Medallion Edition)
ONEOK (OKE) is buying Medallion Midstream for $2.6B and expanding into Permian crude gathering. Strategically the move makes sense, and…
$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…