Debt Ceiling Deal is the Golden Ticket for MVP
A new federal government funding bill contains a golden ticket for Mountain Valley Pipeline and sponsor Equitrans Midstream (ETRN).
Natural Gas
Chevron Gives a $7.6 Billion Endorsement to DJ Basin
Chevron (CVX) will acquire PDC Energy (PDCE) in an all-stock deal for $6.3B ($72/share), confirming the major’s commitment to the…
Rockies Supply Recovers from Long Winter
Active rigs in the Eagle Ford have fallen by 13 rigs (16%) in the past two months, with most of…
To Flare or Not to Flare? Hard Decisions Ahead for Permian Producers
A mismatch between supply and pipeline infrastructure could lead to increased gas flaring in the Permian Basin, according to a…
South Texas Takes Blow from Low Gas Prices
Active rigs in the Eagle Ford have fallen by 13 rigs (16%) in the past two months, with most of…
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.
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.