ET Has Caught Up in the Permian G&P Race
Energy Transfer (ET) is making inroads to match rivals and expand its already enormous Permian G&P systems.
Permian
Energy Transfer Makes a Play for Midland NGLs
Energy Transfer has made a big move to secure a slice of the Midland NGL pie. The $3.25B acquisition of…
ET Joins Permian M&A Frenzy with $3.25B Deal for West Texas Gas
Energy Transfer (ET) has made a statement acquisition in the Permian, reaching a deal to acquire West Texas Gas Midstream…
Phillips 66 Expands Reach in Midland with Pinnacle Buy
Phillips 66 acquires Pinnacle Midstream, gaining key assets in Midland. This acquisition strengthens PSX’s Permian footprint and downstream integration.
M&A Exerts a Gravity on Permian Rig Counts
E&P mergers continue to drag rig counts lower in the Permian Basin, down in April ’23 from recent highs despite…
Kinetik Extends Reach in Delaware with Durango Midstream Purchase
Kinetik will acquire Durango Midstream’s Permian Basin assets for $765MM in stock and cash, extending the company’s reach further north…
Big Ethane Contracts Scramble the NGL Outlook
Enterprise Products (EPD) has quietly thrown a wrench into NGL markets, announcing 450 Mb/d of ethane export commitments.
Pipeline Work Will Disrupt Permian Crude Flows
Maintenance work on the Wink-to-Webster and Midland-to-Echo III pipelines will disrupt crude flows out of the Permian Basin in June.
LNG Growth Can Flip Economics Driving Gas Prices
Driven by new LNG projects, natural gas demand growth will exceed supply in 2025, according to East Daley‘s latest Macro…
In 2025, Gas Could Break Through to Other Side
Natural gas producers are suffering through a terrible year in 2024. But if operators can ride out the storm, our…