ONEOK, Plains Take Control of BridgeTex Ahead of Upturn
ONEOK and Plains All American fully own BridgeTex Pipeline after buying out the 50% interest of OMERS.
Plains
ONEOK, Plains Take Control of BridgeTex Ahead of Upturn
ONEOK and Plains All American have taken over BridgeTex Pipeline, buying out the interest of the Ontario Municipal Employees Retirement…
Who’s Down in the Permian? Rig Slide Splits Midstream Into Winners, Losers
Crude, Energy Transfer, Equity, FANG, Kinder Morgan, Kinetik, MPLX LP, Oneok, Permian, Phillips 66, Plains, Targa, The Daley Note
Drilling in the Permian Basin fell by 34 rigs in 2Q25, a 12% Q-o-Q decline, and continues to slide as…
Laggard Pipe Readies for Growth as Permian Egress Tightens
BridgeTex Pipeline, the last crude oil pipeline to fill from the Permian Basin to Houston, has revised its tariff to…
Plains Deal Transforms Keyera into NGL Powerhouse
Keyera’s (KEY.TO) $3.75B acquisition of Plains All American’s (PAA) Canadian NGL assets transforms the company into a coast-to-coast powerhouse with…
PAA Sells NGL Assets for $3.75B. Who’s Next for the All American Team?
Plains All American will inject ~$3.0B of proceeds into its war chest following the announced sale of its Canadian NGL…
Competition Heats Up for Committed DJ Barrels
Oil production in the Denver-Julesburg Basin is slowing, which means competition for committed barrels has intensified. The four main pipelines…
Double H Conversion Creates Risk for DJ Oil Pipes
Double H Pipeline’s conversion to NGL service could limit crude oil volumes out of the Gurnsey hub and on downstream…
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…
More Permian Barrels Find a Home in Cushing
Crude flows are shifting to Cushing hub, creating more demand for northbound service from the Permian.