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…
Natural Gas Liquids
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.
Outrigger Deal Moves KMI Closer to Filling Double H
Executive Summary: Rigs: The total rig count decreased by 5 for the week ending January 5, down to 521 from…
$844MM Outrigger Deal Kills Two Birds for KMI
Kinder Morgan will buy Outrigger Energy II’s Bakken G&P assets for $644MM. The acquisition can support two other projects KMI…
Targa’s Daytona Drives Another NGL Record
NGL production hit another record in Oct ’24 thanks to the early start of Targa’s Daytona NGL Pipeline. The project…
Permian NGLs Hit New Record Thanks to Targa Pipe
Executive Summary: Rigs: The total rig count decreased by 9 for the week ending December 29, down to 522 from…