NGL Pipelines Ready for a Permian Supply Wave
East Daley Analytics predicts a big jump in Permian NGL volumes in 2023, driven by new investments in natural gas…
Permian
Chevron Gives a $7.6 Billion Endorsement to DJ Basin
Chevron (CVX) will acquire PDC Energy (PDCE) in an all-stock deal for $6.3B ($72/share), confirming the major’s commitment to the…
To Flare or Not to Flare? Hard Decisions Ahead for Permian Producers
A mismatch between supply and pipeline infrastructure could lead to increased gas flaring in the Permian Basin, according to a…
Kinetik Puts GCX Pipeline Stake on the Block
Kinetik (KNTK) will likely begin marketing its 16% share in Gulf Coast Express Pipeline (GCX) this quarter.
Latest Permian Merger Will Cost a Few Rigs
Several G&P systems are at risk of losing rigs later this year following Callon Petroleum’s (CPE) purchase of Percussion Petroleum…
Energy Transfer’s Lake Charles LNG Request Denied
The Department of Energy (DOE) has denied a second request by Energy Transfer (ET) to extend the export license deadline…
Targa May Join Race to Build Next Permian Pipeline
Targa Resources (TRGP) is planning a new pipeline to move natural gas from the Permian Basin to the Texas Gulf…
Party’s Over: Line 2000 Return Brings Short Relief to Permian Prices
The long-awaited restart of El Paso system’s Line 2000 brought Permian producers only a few weeks of relief from low…
Midstream Caught in Middle of Permian Producer Split
Public and private E&Ps are parting ways in the Permian Basin. Public companies have added rigs as privates pull back,…