Pinnacle Deal Lowers Volume Risk for PSX, Sand Hills Pipeline
While the Permian NGL sector is in expansion mode, Phillips 66 (PSX) is one of the few not building new…
Permian
Permian NGL Dynamic Ready to Flip, Leaving Some Behind
Energy Transfer, Enterprise, Equity, MPLX LP, Natural Gas Liquids, Oneok, Permian, Targa, The Daley Note
Permian NGL takeaway capacity is extremely tight now, but that dynamic is about to change, according to East Daley’s basin…
Blackcomb FID Could be Knockout Blow to Permian Pipe Competition
A Whitewater-backed investor group has reached FID on Blackcomb Pipeline, a new 42-inch gas line out of the Permian Basin.…
Matterhorn Pipe Start Pushed to 4Q24
The expected start-up of the Matterhorn Express Pipeline has been pushed to 4Q24, according to a recent update by the…
Start of ADCC Pipe Clouds View of South Texas Market
Whistler Pipeline and Cheniere Energy have started service on the ADCC Pipeline to the Corpus Christi LNG facility. The new…
Only a Matter of Time: Energy Transfer Gets Its Piece of NuStar
Energy Transfer (ET) and Sunoco LP (SUN) announced a joint venture combining their Permian crude and water gathering assets, with…
Devon is Latest to Deal as M&A Transforms Bakken
Devon Energy (DVN) will acquire the Williston Basin assets of Grayson Mill Energy for $5B in cash and stock. The…
The Countdown Begins to Matterhorn Start-up
East Daley is watching the Texas natural gas market closely for signs of activity from Matterhorn Express Pipeline. Whitewater Midstream…
M&A, Efficiencies Clip Wings of Permian Growth
Rig activity continues to decline in the Permian Basin, weighed down by consolidation and operators’ drive to control spending. Rig…
Record Ethane Production Bodes Well for 2Q24 Earnings
Ethane was the top energy commodity performer in March ‘24, according to the latest EIA data. Higher recovery predicted by…