Momentum Midstream is a Bet on the Haynesville LNG Corridor
Momentum Midstream is reportedly the subject of a $5.5B pursuit, with Williams named as the rumored buyer. The more durable…
Natural Gas
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…
San Mateo Midstream Acquires Cardinal Midstream
Matador Resources (MTDR) announced today that San Mateo Midstream has entered into an agreement to acquire Cardinal Midstream for $752MM…
Antero’s Growth Story Gets Drier
Antero Midstream used its 1Q26 update to highlight a notable milestone: the first dry Marcellus gas pad in more than…
Canada Steps Into Breach to Become a Global LNG Player
The Permian gas pipeline bottleneck is forcing some producers to curtail or shut-in wells to limit their exposure to negative…
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…
Top Stories Mid-2026: How the Iran War is Bearish for US Gas
The Iran conflict has injected a risk premium into global crude markets, pushing up not only near-term prices but also…
Top Stories Mid-2026: A Hidden Constraint Limits Permian Gas Growth
Gas pipeline takeaway from the Permian Basin is set to rapidly expand in the years ahead, a key element for…
Winter is the Achilles’ Heel of California’s Renewables Transition
California’s power markets are moving away from natural gas as growing solar and battery deployment reshape the state’s dispatch stack.…
Costa Azul Produces First LNG, Adding to Southwest Demand Growth
On June 4, Sempra Energy announced that Phase 1 of ECA LNG (Energia Costa Azul) achieved first LNG production. The…