Wheelin’ ONEOK Sells Gas Pipelines to DTM
DT Midstream acquired ONEOK’s interstate gas pipelines (Guardian, Viking, and Midwestern for $1.2B. East Daley expects asset earnings to grow.
Natural Gas
Uinta Development Spurs Midstream Expansions
The Uinta Basin is drawing investments from Williams and Kinder Morgan to manage growing gas production in northeastern Utah.
Make Way for Matterhorn: Ramp at Katy Creates Intrastate Rivals
A fast ramp by the Matterhorn pipeline appears to backing out natural gas from several pipelines at the Katy hub.
ONEOK Reaches $4.3B Deal to Complete EnLink Merger
ONEOK will fully merge with EnLink Midstream after reaching an agreement to acquire the rest of ENLC’s units for $4.3B.
Is a Marcus Hook Expansion Near? Dots Connect to Future ET Project
Will Energy Transfer (ET) ever pull the trigger on a Marcus Hook LPG expansion? East Daley can see the outline…
Blackstone Takes $3.5B Stake in EQT Midstream Assets
Blackstone Credit & Insurance has formed a joint venture with EQT Corp. for stakes in several of its midstream assets,…
Coterra Rides Permian Consolidation Wave
Coterra Energy (CTRA) is expanding its foothold in the northern Delaware Basin, acquiring assets of Franklin Mountain Energy and Avant…
Time to Talk Dock Expansions? Northeast LPG Capacity Looks Tight
NGL production in the Northeast hit a new high in 2Q24 and East Daley expects output held at record levels…
Kinetik Expansion to Unlock Permian Supply
Kinetik (KNTK) is expanding its operations in New Mexico, building a new pipeline that will link the Durango G&P assets…
Move Over Tyson-Paul, the Real Warrior is Here
Energy Transfer (ET) could reach a final investment decision on the Warrior Pipeline within weeks, management said on the 3Q24…