Producers Guide to 300 Mb/d of Permian Oil Growth in ‘25
Operators indicate crude oil production in the Permian Basin will grow 306 Mb/d (+4.8%) on average from 2024 to ’25,…
Permian
Pipelines Advance Supply Deals for Texas Data Centers
Pipelines have advanced several deals recently to supply data centers in Texas. The commercial momentum moves the hype behind data…
Targa Tacks on New Infrastructure Targeting Permian NGLs
A significant amount of infrastructure is being built by 2029 to handle NGL processing, transportation, fractionation and distribution. Targa Resources…
Kinetik’s Durango Deal Pays Off as Rigs Double on System
Kinetik’s (KNTK) acquisition of Durango Midstream is paying dividends as rig counts have doubled on the G&P system in the…
Data Centers’ Voracious Power Demand Drives Gas Renaissance
The data center industry is growing rapidly and creating significant upside for natural gas. East Daley’s base case projects up…
The Perfect Couple: ONEOK, MPLX Partner on Downstream NGL Projects
ONEOK (OKE) and MPLX (MPLX) have partnered to build out the downstream component of their NGL value chain. The arrangement…
AI Boom Comes to Texas, Sparking Natural Gas Demand Surge
New natural gas demand is coming into focus to feed AI and data centers, and the Permian Basin looks to…
KMI’s Trident Project Pops a Texas Gas Bubble
Kinder Morgan (KMI) is moving forward with the $1.7B Trident Intrastate Pipeline to connect Permian gas to LNG export demand…
Plains Adds Permian, Eagle Ford Gathering for $670MM
Plains All American Pipeline (PAA) made several bolt-on acquisitions totaling $670MM to expand its crude oil gathering footprint in the…
Targa’s Daytona Drives Another NGL Record
NGL production hit another record in Oct ’24 thanks to the early start of Targa’s Daytona NGL Pipeline. The project…