Permian E&Ps Trim Guidance, Signal Slower Growth Phase Ahead
The Permian Basin is entering a more tempered growth phase as producers recalibrate spending plans. Several intend to pull back…
Permian
What’s Matterhorn Worth? At Least $5.5B Based on Devon Sale
Devon Energy has agreed to sell its 12.5% equity interest in Matterhorn Express for $375MM, placing a marker on the…
What Slowdown? Permian Processing Expansions Plow Ahead at $60 Oil
Enterprise, Equity, MPLX LP, Natural Gas, Natural Gas Liquids, Oneok, Permian, Phillips 66, Targa, The Daley Note, Western Midstream Partners
Despite lower WTI prices, the rush is still on to build gas processing in the Permian Basin. Developers have used…
Bigfoot in the Permian: ET Levers M&A to Dominate Crude Distribution
Energy Transfer has built one of the most extensive crude oil midstream footprints in the Permian Basin, transporting a significant…
WhiteWater Group FIDs Traverse Pipeline to Integrate South Texas Market
WhiteWater Midstream and partners MPLX, Enbridge and Targa Resources will move ahead with the Traverse Pipeline in South Texas.
Developers Eye Gulf Coast Storage to Manage Regional Growth
NeuVentus is developing a new natural gas storage hub, the Texas Reliability Underground (TRU) project, part of an industry push…
Tariffs, OPEC+ Rattle Crude. What is the Supply Risk?
WTI crude oil futures slipped below $60/bbl last week for the first time in four years amid growing market uncertainty.…
Is Matterhorn Running Full? Negative Gas Prices Haunt Permian Producers This Spring
Negative natural gas prices have returned to the Permian Basin, despite the start of the Matterhorn pipeline six months ago.…
Permian Growth in ‘25 Fuels Upside for Export Docks
Permian supply growth will bring more barrels to Gulf Coast terminals this year and increase pipeline congestion. East Daley forecasts…
Who’s Using Matterhorn? Data Reveals Shippers Behind Latest Permian Pipe
The Matterhorn pipeline continues to ramp natural gas deliveries to the Katy market, flowing over 1.5 Bcf/d recently to interstate…