Targa Starts Service on Stealth Permian Pipeline
With little fanfare, Targa Resources (TRGP) has started service on a new 250 MMcf/d pipeline in the Permian Basin that…
Permian
The Permian’s In-N-Out Crew
Consolidation continues to be the trend in the Permian Basin, leading to lower rig counts as producers merge.
E&P Mergers Take Toll on Permian Drilling
Permian Basin rig counts have declined in recent months from a high of 353 in late April to 326 rigs…
Big Growth Creates Permian G&P System Winners
East Daley expects wide variance in performance by G&P systems in the Permian Basin in 2023 amid strong overall gas…
Targa in Catbird Seat as Ethane Volumes Rise
Targa Resources (TRGP) is likely to benefit from growing ethane recovery in the Permian Basin, according to East Daley Analytics…
What’s Behind Recent Permian Price Strength?
Permian Basin natural gas prices have been more resilient than many had expected in 2023. East Daley review the possible…
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…
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.