We’re Not Buying EIA’s ‘Chicken Little’ Oil Forecast
The EIA has turned heads with a bearish call on crude oil. The agency predicts prices will fall to around…
Permian
Civitas Sells DJ Assets as Basin Consolidation Continues
Civitas Resources (CIVI) is trimming its Denver-Julesburg (DJ) Basin footprint with two asset sales totaling $435MM. The offloaded properties produce…
Matterhorn Fully Subscribed After Producers Add Contracts
The Matterhorn pipeline is fully subscribed after several producers in the Permian Basin added contracts in 1Q25, according to new…
ONEOK, Plains Take Control of BridgeTex Ahead of Upturn
ONEOK and Plains All American have taken over BridgeTex Pipeline, buying out the interest of the Ontario Municipal Employees Retirement…
Falling Spot Rates Confirm Slack in NGL Markets
In its 2Q25 earnings, Enterprise Products confirmed a key point East Daley Analytics has flagged for clients: NGL export markets…
ONEOK, Plains Take Over BridgeTex Ahead of Uptrend for Permian Oil Pipe
ONEOK (OKE) and Plains All American (PAA) have bought out the Ontario Municipal Employees Retirement System’s (OMERS) interest in BridgeTex…
ET Makes FID on Gas Pipeline to Meet Southwest Growth
Energy Transfer reached a final investment decision on an expansion of its Transwestern Pipeline to serve growing natural gas demand…
Who’s Down in the Permian? Rig Slide Splits Midstream Into Winners, Losers
Crude, Energy Transfer, Equity, FANG, Kinder Morgan, Kinetik, MPLX LP, Oneok, Permian, Phillips 66, Plains, Targa, The Daley Note
Drilling in the Permian Basin fell by 34 rigs in 2Q25, a 12% Q-o-Q decline, and continues to slide as…
Midstream Cleaves Into Winners, Losers as Permian Rigs Slide
Drilling in the Permian Basin fell by 34 rigs in 2Q25, a 12% Q-o-Q decline, as softer oil prices and…
Laggard Pipe Readies for Growth as Permian Egress Tightens
BridgeTex Pipeline, the last crude oil pipeline to fill from the Permian Basin to Houston, has revised its tariff to…