New Projects to Open Bakken NGL Markets
The market for Bakken NGLs is set to open from several new pipeline projects.
Natural Gas Liquids
Why ONEOK is Rebuilding the Medford Frac
ONEOK (OKE) is rebuilding a 210 Mb/d fractionator in Medford, OK damaged in an explosion in July 2022. The move…
The Why Behind ONEOK Medford Frac Rebuild
Executive Summary: Rigs: The total rig count decreased by 2 for the August 25 week, down to 566 from 568. Flows: Constraints…
ONEOK the Consolidator (Medallion Edition)
ONEOK (OKE) is buying Medallion Midstream for $2.6B and expanding into Permian crude gathering. Strategically the move makes sense, and…
New Projects Will Change Bakken NGL Dynamics
Executive Summary: Rigs: The US total rig count decreased by 2 for the August 18 week, down to 563 from…
Matterhorn is Great for Commodities – Except One
NGLs have had the pole position on hydrocarbon growth in 2024, due largely to incentives to extract ethane from the…
$3.3B EnLink Deal Moves the Needle for ONEOK
Anadarko, ArkLaTex, EnLink, Equity, Natural Gas, Natural Gas Liquids, Oneok, Permian, The Daley Note
ONEOK (OKE) is acquiring EnLink Midstream (ENLC) for $3.3B. The purchase move the needle in several ways: ENLC assets bridge…
Ethane Recovery Set to Ease After Matterhorn
Executive Summary: Rigs: The US total rig count decreased by 12 for the August 11 week, down to 544 from…
Pipes, Plant Expansions Support Next Permian Growth Phase
Energy Transfer, Enterprise, Natural Gas, Natural Gas Liquids, Permian, Targa, The Daley Note, Western Midstream Partners
East Daley sees Permian Basin gas production growing ~1.7 Bcf/d by YE24 as egress constraints are relieved by new pipelines.…
One Simple Trick to Solve ONEOK Contracting Risk
ONEOK (OKE) faces a big contract cliff in 2028 on West Texas NGL, its Permian NGL pipeline. OKE can mitigate…