A Dark Horse for NGL Upside in 2024
The Permian Basin will drive new NGL supply growth in 2024. Yet it may come as a surprise which midstream…
Permian
Kinetik Starts a Different Sort of Border Conflict
Kinetik (KNTK) has started service on a pipeline extending the company’s West Texas G&P system into New Mexico, posing new…
2024 is a Mullet Year in the Permian Basin
2024 is a ‘mullet year’ for the Permian—steady early growth, with new infrastructure fueling gains later. Explore the outlook for…
The Houston–Midland Spread is Ready to Blow
With 2024 Permian egress tightness, our forecasts show rising Houston-Midland oil spread into 2025. Explore factors driving this shift and…
Who Wants a Piece of WES? OXY Could Sell Western Midstream Stake
Denver Julesberg, Energy Transfer, Enterprise, Equity, Natural Gas, Permian, The Daley Note, Western Midstream Partners
Occidental Petroleum is reported to be exploring a sale of its stake in Western Midstream. East Daley Analytics made the…
Is Matador Ready for a Bull Run?
Judging by midstream data, East Daley expects Matador Resources (MTDR) to report robust gas production growth Q-o-Q in its upcoming…
A New NGL Contender Enters the Ring
MPLX is positioning to join a small group of companies that own all parts of the NGL value chain linking…
Permian Production Exits 2023 at a Record High
Crude oil production from the Permian Basin exited 2023 at an all-time high of 6,115 Mb/d, according to East Daley’s…
Sunoco’s $7.3B NuStar Deal Opens Options for Energy Transfer
Sunoco’s $7.3B NuStar buy could drive earnings and future synergies with Energy Transfer, adding growth options and refining Sunoco’s crude…
Permian Shrink Continues with $4.5B APA-Callon Deal
APA Corp. will acquire Callon Petroleum for $4.5B. The deal likely will result in rig cuts, continuing the consolidation trend…