New Midland System Gets DoublePoints for Growth
A new G&P system, Pinnacle Dos Picos, recently began operations in the Midland, ramping up volumes despite tight basin takeaway.
Natural Gas
Raising Targa Outlook on Solid Midland Data
East Daley raised our 4Q22 earnings outlook for Targa Resources (TRGP) following new data showing strong performance on assets in…
Line 2000 Restart Should Lift Permian Prices
Permian gas prices should see a lift once El Paso restarts Line 2000 in mid-February. The pipeline received approval to…
Supply Runs Ahead of New Permian Pipelines
Whistler Pipeline was running nearly full before the start of a new lateral to the Midland Basin, according to the…
Finding Balance Means Sharing the Pain
Natural gas prices are likely to fall under $2 due to rapid supply growth, according to East Daley’s model. Producers…
Shock to the System: Sub-$2 Gas on the Horizon
Sub-$2 natural gas prices are now in view, according to East Daley’s model, and there may not be a lot…
A Sneak Peek at Targa Ahead of the Tape
East Daley expects Targa to report 4Q22 earnings on the low side of guidance due to lower commodity prices and…
Permian E&Ps Add Rigs into Softening Price Strip
Producers continue to add rigs in the Permian Basin despite softening oil and gas prices, supporting East Daley’s view of…
Price Relief on Horizon for West Coast Gas Market
Relief is on the horizon for the West Coast as Kinder Morgan seeks to return Line 2000 of the El…
Anadarko Momentum Lifts EnLink System Outlook
EnLink Midstream is poised to ride drilling and supply momentum on its Central Oklahoma (COK) G&P system in 2023.