Antero High-Grades Northeast Portfolio in Pair of Deals
Antero Resources (AR) announced a pair of transactions that reshape its Appalachian portfolio. The producer will acquire HG Energy’s upstream…
Permian
Targa Acquires Stakeholder for $1.25B, Adding Processing, NGLs in Delaware
Targa Resources is doubling down on the northern Delaware Basin in a $1.25B deal for Stakeholder Midstream. The acquisition gives…
Sinclair Proposes Rockies Route to Fill Western Products Shortfall
HF Sinclair (DINO) has thrown its hat in the ring to meet a looming refined products shortfall in California and…
Eiger Express Expansion Raises Stakes on Permian Overbuild
The Permian gas overbuild continues to grow. The WhiteWater-led JV behind Eiger Express Pipeline will expand the greenfield project to…
Exxon Takes 40% Stake in Bahia Pipeline, Binding its Permian Strategy to Enterprise
ExxonMobil (XOM) has agreed to acquire a 40% joint interest in Enterprise Products’ (EPD) Bahia NGL pipeline, sealing a deal…
Exxon Takes 40% Stake in Bahia Pipeline, Hitching Permian Strategy to Enterprise
ExxonMobil has agreed to acquire a 40% joint interest in Enterprise Products’ Bahia NGL pipeline, sealing a deal that changes…
Enbridge Advances Mainline Expansion as Canadian Exports Fill System
Enbridge (ENB) has reached a final investment decision (FID) on its $1.4B Mainline Optimization Phase 1 (MLO1) project. The initiative…
Pipe Flows Suggest Matterhorn Expansion is Live
A widely anticipated expansion of the Matterhorn Express Pipeline appears to have started operations in early November, based on interstate…
Enterprise Nears Bahia Start, Bringing a Step-Change to Permian NGL Takeaway
Enterprise Products’ (EPD) Bahia NGL pipeline is scheduled to enter service in December 2025, adding a major new artery from…
SM Energy, Civitas to Merge, With Room to Cut in Several Basins
SM Energy and Civitas Resources will merge in a $12.8B deal, creating a formidable E&P company in the Permian, Denver-Julesburg…