ONEOK Joins Midstream Elite with $19B Magellan Purchase
ONEOK’s (OKE) $18.8B acquisition of Magellan Midstream Partners (MMP) places the company at the head table in Midstream.
Natural Gas
Nigel Gorbold on the Podcast, What The Funk?
East Daley Analytics is a bit of a hidden gem in the Energy Tech Landscape, but Nigel Gorbold, Funk’s fellow…
The Haynesville Rig Decline is Finally Here
Haynesville rigs fell by 11% last week, breaking a steady pace of rig activity in 2023. East Daley has been…
Kinetik Puts GCX Pipeline Stake on the Block
Kinetik (KNTK) will likely begin marketing its 16% share in Gulf Coast Express Pipeline (GCX) this quarter.
Wildfires Cut Oil and Gas Flows from Canada
Wildfires have led Canadian producers and midstream operators to shut-in some infrastructure.
NextEra to Sell Gas Pipeline Assets
NextEra Energy Partners (NEP) plans to divest its natural pipeline assets and transform into a 100% pure-play renewables investment.
Latest Permian Merger Will Cost a Few Rigs
Several G&P systems are at risk of losing rigs later this year following Callon Petroleum’s (CPE) purchase of Percussion Petroleum…
Permian Gas Goes Negative on Pipe Maintenance
Permian natural gas prices fell into negative territory this week as maintenance on Permian Highway Pipeline bottled production in the…
Delaware Producer is Moving Downstream
Independent producer Matador Resources (MTDR) is building a midstream foothold in the Delaware Basin.
Higher Flows, Spring Thaw Melt Western Gas Premium
Natural gas premiums in western US forward curves have dropped sharply over the past month. Supply concerns have eased with…