Red Tape Snares Bison XPress Expansion
In theory, the Bison Xpress reversal expansion is live. Construction of the project on Northern Border Pipeline has been completed…
Kinder Morgan
Western Gateway FID Takes Aim at California’s Tightening Products Market
Anadarko, Bakken, Barnett, Crude, Crude Oil Edge, Eagle Ford, Kinder Morgan, Northeast, Permian, Phillips 66, Plains, Powder River, Uinta, WCSB
California’s refined products market is back in the spotlight after Phillips 66, Kinder Morgan and HF Sinclair reached a final…
Western Gateway is a $5B Bet on Tighter California Products Market
California’s refined products market is back in the spotlight after Phillips 66, Kinder Morgan and HF Sinclair reached a final…
Shell, Phillips 66 Put Explorer Pipe Stake on the Block
Anadarko, ArkLaTex, Bakken, Barnett, Crude, Crude Oil Edge, Eagle Ford, Energy Transfer, Green River, Haynesville, Kinder Morgan, Northeast, Permian, Powder River, Uinta, WCSB
Shell and Phillips 66 are testing market interest in their combined 60.5% stake in Explorer Pipeline Co. at a valuation…
The Next Permian Bottleneck? Oil Pipelines
The start of new Permian gas pipeline expansions has materially improved Waha hub prices and bolstered drilling economics for producers.…
Filled Crude Pipelines Could Cap Permian Gas Growth
Anadarko, ArkLaTex, Bakken, Barnett, Crude, Crude Oil Edge, Eagle Ford, Energy Transfer, Green River, Haynesville, Kinder Morgan, Northeast, Permian, Powder River, Uinta, WCSB
New gas pipeline expansions have bolstered drilling economics for Permian producers, but limited capacity on crude pipes could constrain the…
Waha Gains Reset Permian Ethane Economics
Energy Transfer, Ethane, Kinder Morgan, Natural Gas, Natural Gas Liquids, Permian, Phillips 66, The Daley Note
The startup of two Permian pipeline expansions has helped pull Waha natural gas prices out of persistently negative territory, materially…
Midstream Carries a Hidden Upstream Bet
Midstream has long touted its stable earnings stream, built on fee-based infrastructure contracted to ride out commodity cycles. In parts…
Permian Producers Shutter Wells to Manage Negative Waha Prices
Crude, Energy Transfer, Kinder Morgan, Kinetik, Natural Gas, Natural Gas Liquids, Permian, Targa, The Daley Note, Western Midstream Partners
The Permian gas pipeline bottleneck is forcing some producers to curtail or shut-in wells to limit their exposure to negative…
Start of GCX Expansion Moves Waha Prices to Bad from Abysmal
The journey out of purgatory looks to be a long one for Permian natural gas, based on market activity in…