EQT-Equitrans Merger Heralds Asset Sales Ahead
EQT will acquire Equitrans Midstream for $5.5B in stock. The merger will create an opportunity for companies to pick up…
Natural Gas
TC Energy Sells Portland Pipe, Chips Away at Sales Goal
TC Energy has reached a deal to sell the Portland Natural Gas Transmission System for US$1.14B, moving the company closer…
ETRN Volumes Fall as EQT Shuts 1 Bcf/d of Production
Leading producer EQT has shut ~1 Bcf/d of production in response to low gas prices. Equitrans is bearing most of…
Canadian Supply Growth Pushes More Gas into US
Producers in Western Canada are expanding output ahead of the country’s first LNG project, pushing more natural gas into the…
Chord, Enerplus Plan a Bakken Super-Merger
Chord Energy and Enerplus plan to merge in an $11B transaction, creating an E&P focused on Bakken oil development. Several…
Chesapeake Puts 1 Bcf/d of Production on Hold
Chesapeake will pull back on drilling and new well starts in response to low natural gas prices. CHK is one…
Midstream Spends $10B on Gas Projects in 2024: CAPEX Dashboard
Energy companies plan to spend the lion’s share of midstream budgets on natural gas this year, investing over $10B to…
Northeast E&Ps Lift Winter Supply, Contribute to Gas Glut
Helped by a new pipeline expansion, Northeast gas producers have ramped production to record levels this winter. The growth is…
Who Wants a Piece of WES? OXY Could Sell Western Midstream Stake
Denver Julesberg, Energy Transfer, Enterprise, Equity, Natural Gas, Permian, The Daley Note, Western Midstream Partners
Occidental Petroleum is reported to be exploring a sale of its stake in Western Midstream. East Daley Analytics made the…
ArkLaTex Samples Rise in February, Bucking Fall in Gas Prices
East Daley’s pipeline samples covering the ArkLaTex Basin have increased in February despite falling natural gas prices.