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…
Natural Gas
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.
Low Prices Slow Drilling on EnLink Anadarko System
Low natural gas prices have taken a toll on rig counts in the Anadarko Basin and led to lower activity…
$26B Endeavor Buyout Signals Slower Growth in Midland
Diamondback Energy’s $26B buyout of Endeavor Energy Resources removes one of the Permian Basin’s fastest growing producers, signaling slower growth…
Is Matador Ready for a Bull Run?
Judging by midstream data, East Daley expects Matador Resources (MTDR) to report robust gas production growth Q-o-Q in its upcoming…
Pipe Outlook Brightens After Bridging Contract Cliff
East Daley raised our outlook for Midcontinent Express Pipeline after the pipeline successfully resigned capacity under short-term contracts that expired…