Record Ethane Production Bodes Well for 2Q24 Earnings
Ethane was the top energy commodity performer in March ‘24, according to the latest EIA data. Higher recovery predicted by…
Natural Gas Liquids
ET Has Caught Up in the Permian G&P Race
Energy Transfer (ET) is making inroads to match rivals and expand its already enormous Permian G&P systems.
Cureton Synergies in Action
The Williams Companies’ (WMB) Cureton Front Range acquisition in Nov’23 included 260 miles of gas gathering and 60 MMcf/d of…
NGL Barrel Migration Down Bluestem
Executive Summary: Rigs: The total US rig count decreased by 5 for the June 9 week, down from 565 to…
M&A in Permian: A Knife Fight for the NGL Barrel
Energy Transfer, Enterprise, Equity, Kinetik, MPLX LP, Natural Gas Liquids, The Daley Note, Western Midstream Partners
In our annual report Dirty Little Secrets, East Daley previewed how reduced leverage ratios and increased Free Cash Flow (FCF)…
Mt. Belvieu Frac Capacity – No Vacancy
Executive Summary: Rigs: The total US rig count decreased by 6 rigs for the June 2 week, down to 558…
Let’s Get Cracking: Shell Plant Ramps, and a Northeast Ethane Market Takes Shape
An ethane market is developing in the Northeast as Shell (SHEL) finally ramps operations at the Monaco cracker in southwestern…
ET Taps into Growing Northeast Ethane Market
Executive Summary: Rigs: The total US rig count decreased by 8 for the May 26 week, down to 563 from…
ET Eyes More Ethane Recovery from Rover Pipeline
Energy Transfer is looking to tap into the growing ethane market in the Northeast. The company has reached an agreement…
Energy Transfer Makes a Play for Midland NGLs
Energy Transfer has made a big move to secure a slice of the Midland NGL pie. The $3.25B acquisition of…