Permian or Bust: Lower Oil Prices Narrow NGL Growth Story
A $10 drop in oil prices has taken some of the punch out of the NGL growth story. East Daley’s…
Natural Gas
Haynesville M&A Continues with Clearfork Midstream Deal
M6 ETX Holdings II Midco, a holding company for Momentum Midstream, saw its credit upgraded by ratings agencies after the…
Tallgrass Plans Permian Pipe to REX, Tilting the Field Toward Producers
Tallgrass Energy has secured anchor shippers for a potential 2.4 Bcf/d pipeline that will connect Rockies Express Pipeline to Permian…
Permian E&Ps Trim Guidance, Signal Slower Growth Phase Ahead
The Permian Basin is entering a more tempered growth phase as producers recalibrate spending plans. Several intend to pull back…
What’s Matterhorn Worth? At Least $5.5B Based on Devon Sale
Devon Energy has agreed to sell its 12.5% equity interest in Matterhorn Express for $375MM, placing a marker on the…
Destination North Dakota? Mystery Demand Drives Competing Bakken Projects
North Dakota has seen interest in new gas pipeline construction, with WBI Energy Transmission and Intensity Infrastructure Partners both holding…
Woodside’s Bold LNG Bet Adds to Demand Wave
Woodside Energy will move forward with the Louisiana LNG project without a diversified customer base. The $17.5B FID is a…
What Slowdown? Permian Processing Expansions Plow Ahead at $60 Oil
Enterprise, Equity, MPLX LP, Natural Gas, Natural Gas Liquids, Oneok, Permian, Phillips 66, Targa, The Daley Note, Western Midstream Partners
Despite lower WTI prices, the rush is still on to build gas processing in the Permian Basin. Developers have used…
KMI Maintains Project Momentum with Elba Express Expansion
Kinder Morgan kicked off earnings season with the Elba Express Bridge project, a 71-mile extension into South Carolina backed by…
$3 Gas Draws Producers Back to Marcellus
Drilling activity is on the rise in the Marcellus thanks to higher natural gas prices. Rig counts in northeastern Pennsylvania…