Another One! ONEOK Adds to Permian NGL Pipeline Push
ONEOK (OKE) plans to loop its West Texas NGL (WTX NGL) pipeline, joining an industry push to expand NGL pipelines…
Natural Gas Liquids
Barrels Wanted: $7.1B Crestwood Acquisition May Boost ET’s Downstream Volumes
Crestwood, Crude, Energy Transfer, Equitrans Midstream, Natural Gas Liquids, Oneok, Powder River, Targa, The Daley Note
Energy Transfer’s $7.1B acquisition of Crestwood Equity (CEQP) gives ET reach in new basins and could lift volumes on several…
EIA NGL PRODUCTION Flat M-o-M, +8% Y-o-Y
EIA NGL production was essentially unchanged M-o-M for May, as rig counts dropped off across most basins. However, production remains…
Pent-Up Travel Demand? Taking a Closer Look at ET’s Nederland NGL Export Expansion
Energy Transfer (ET) announced last quarter that it is expanding its NGL export capacity at its Nederland terminal, positioning itself…
It’s Getting Hot in Here: Ethane Prices Surged to Nearly $0.40/gal
Ethane prices hit $0.39/gal on July 17 as persistent heat waves in Texas may be impacting production while demand reached…
Enterprise Permits New NGL Pipeline Out of Permian
Enterprise Products (EPD) has permitted a new NGL pipeline out of the Permian Basin that appears to follow the same…
EIA NGL PRODUCTION STAYS FLAT 3%
EIA NGL production increased by 161 Mb/d M-o-M, growing 3% for the second straight month. Compared to last year, total…
Enbridge Line 5 Faces New Legal Drama
A federal judge has ruled in favor of a complaint by a Chippewa tribe and ordered Enbridge’s (ENB) Line 5…
Targa in Catbird Seat as Ethane Volumes Rise
Targa Resources (TRGP) is likely to benefit from growing ethane recovery in the Permian Basin, according to East Daley Analytics…
What’s Behind Recent Permian Price Strength?
Permian Basin natural gas prices have been more resilient than many had expected in 2023. East Daley review the possible…