Targa Adds to Infrastructure Targeting Permian NGLs
Executive Summary: Infrastructure: Targa (TRG) is the latest company to announce new NGL infrastructure projects to handle supply growth from…
Natural Gas Liquids
Who’s the Next Ethane Customer? The Case for GAIL
US ethane supply is booming, and international petrochemical companies are chomping at the bit for the cheap feedstock. Who will…
Frigid January Rebalances Propane Market
Executive Summary: Infrastructure: Propane storage fell sharply in January, lowering the risk of an oversupplied market in ‘25. Rigs: The…
Northeast Producers Join the NGL Party
Ethane supply hit another record in November ’24, the fifth monthly record high in 2024. The Permian has been the…
The Perfect Couple: ONEOK, MPLX Partner on Downstream NGL Projects
ONEOK (OKE) and MPLX (MPLX) have partnered to build out the downstream component of their NGL value chain. The arrangement…
ONEOK, MPLX Partner on Downstream NGL Projects
Executive Summary: Rigs: The total rig count remained flat for the January 19 week at 531. Flows: US flow samples rebounded 3.1 Bcf/d…
Outrigger Deal Moves KMI Closer to Filling Double H
Kinder Morgan could make good progress filling its converted Double H Pipeline following the acquisition of Outrigger Energy.
Hess Takes the Over on Bakken Growth
East Daley forecasts Bakken rich gas to grow at a 2% CAGR from 2024 to ’26, and Hess Midstream (HESM)…
HESM Guidance Points to Bakken Upside
Executive Summary: Rigs: The total rig count decreased by 5 for the January 5 week, down to 521 from 526. Flows: Last week,…
Who’s the Next Ethane Customer? INEOS a Likely Target
Global petrochemicals plan to source more abundant US ethane, and East Daley suspects INEOS is on the short list.