Sunoco’s $7.3B NuStar Deal Opens Options for Energy Transfer
Sunoco’s $7.3B NuStar buy could drive earnings and future synergies with Energy Transfer, adding growth options and refining Sunoco’s crude…
Permian
Permian Shrink Continues with $4.5B APA-Callon Deal
APA Corp. will acquire Callon Petroleum for $4.5B. The deal likely will result in rig cuts, continuing the consolidation trend…
Winter Storm Bites into Gas Production, Storage
A mid-January Arctic blast put a serious dent in Lower 48 natural gas production last week and sent spot prices…
A Deeper Look at the EIA’s Latest NGL Data ─ NGL Production Surged Across All Basins
NGL production came in higher than expected in the Permian and Anadarko, indicating an uptick in GPMs in those regions.…
New Meters Point to Start of Permian Highway Expansion
Leading NGL competitors are taking an aggressive tack to protect market share, proposing to build significantly more pipeline capacity out…
Sometimes the Best Defense is a Good Offense
Discover how leading NGL competitors are expanding pipeline capacity in the Permian Basin to protect market share. Analysis by East…
Permian Gas Flows Hit a Record in November
Permian Basin gas samples reached an all-time high in November 2023 as new infrastructure lifted receipts on some pipelines.
OXY-CrownRock Tie-up a Bad Omen for Permian Rigs
Rig counts in the Permian Basin have declined by 69 rigs YTD2023, mostly as a result of M&A activity in…
Gulf Coast Express Stake Still on the Block
Kinetik (KNTK) continues to explore the sale of its stake in Gulf Coast Express Pipeline.
Enbridge Tests Waters for More Texas Exports
Enbridge (ENB) plans to hold an open season in 4Q23 to expand Gray Oak Pipeline and offer full-path service for…