31Jul2024Another NGL Knife Fight (Bakken Edition)Bakken, Kinder Morgan, Natural Gas Liquids, Oneok, The Daley NoteKinder Morgan’s conversion of Double H Pipeline from crude service to an NGLs pipe is poised to disrupt the Bakken…READ
25Jul2024Double H Project Creates a New Market for Bakken NGLsNatural Gas LiquidsExecutive Summary: Rigs: The US total rig count decreased by 11 rigs for the July 7 week, down to 545…READ
25Jul2024Cowboy Up: WES Rides Rig Rally in Powder RiverEquity, Natural Gas, Natural Gas Liquids, Powder River, The Daley Note, Western Midstream PartnersWestern Midstream (WES) is riding growing interest in the Powder River Basin thanks to its recently acquired Meritage Midstream assets.READ
23Jul2024Double H Conversion to Double Bakken VolatilityBakken, Crude, Enbridge, Kinder Morgan, Natural Gas Liquids, Oneok, The Daley NoteKinder Morgan plans to convert the Double H crude oil pipeline out of the Bakken to NGL service. The project…READ
19Jul2024A Propane Storage Glut Ahead? EDA Takes the OverNatural Gas Liquids, The Daley NoteCan US propane storage inventory top 100 MMbbl in 2024? After a mild winter, the topic is front and center…READ
18Jul2024Devon is Latest to Deal as M&A Transforms BakkenCrude, Natural Gas, Natural Gas Liquids, Permian, The Daley NoteDevon Energy (DVN) will acquire the Williston Basin assets of Grayson Mill Energy for $5B in cash and stock. The…READ
18Jul2024EDA Takes the Over on a Big Propane Storage BuildNatural Gas LiquidsExecutive Summary: Rigs: The total rig count decreased by 1 for the July 17 week, down to 553 from 554.Flows:…READ
16Jul2024M&A, Efficiencies Clip Wings of Permian GrowthCrude, Natural Gas, Natural Gas Liquids, Permian, The Daley NoteRig activity continues to decline in the Permian Basin, weighed down by consolidation and operators’ drive to control spending. Rig…READ
12Jul2024Beryl Barrels Through Texas, Leaves Lost Demand in WakeNatural Gas, Natural Gas Liquids, The Daley NoteHurricane Beryl barreled ashore south of Houston, causing widespread power outages. The storm has wiped out natural gas demand for…READ
11Jul2024Ethane Production Hits Another Record, Lifted by PermianNatural Gas LiquidsExecutive Summary: Rigs: The total rig count decreased by 9 for the June 23 week, down to 554 from 563.…READ