Move Over Tyson-Paul, the Real Warrior is Here
Energy Transfer (ET) could reach a final investment decision on the Warrior Pipeline within weeks, management said on the 3Q24…
Targa
The Hot Cash-and-Carry Trade in Energy
Very low ethane cash prices and the steep contango shape of the forward curve in early August ’24 created an…
Green Shoots for a Gas Basin Turnaround?
Anadarko, ArkLaTex, Energy Transfer, Equity, Kinder Morgan, Natural Gas, Oneok, Targa, The Daley Note
Gas prices seem stuck near $2/MMBtu, yet some producers have been quietly growing rigs in the ArkLaTex (Haynesville) and Anadarko…
New Pipelines Shift Permian Volatility Downstream
The new Blackcomb Pipeline will help resolve takeaway issues from the Permian Basin but will likely create other problems moving…
Pipes, Plant Expansions Support Next Permian Growth Phase
Energy Transfer, Enterprise, Natural Gas, Natural Gas Liquids, Permian, Targa, The Daley Note, Western Midstream Partners
East Daley sees Permian Basin gas production growing ~1.7 Bcf/d by YE24 as egress constraints are relieved by new pipelines.…
Enterprise Buys Pinon Assets, Makes Play for Delaware Sour Gas
Enterprise Products agreed to purchase sour gas gathering and treating infrastructure from Pinon Midstream for $950MM in cash. The deal…
Permian NGL Dynamic Ready to Flip, Leaving Some Behind
Energy Transfer, Enterprise, Equity, MPLX LP, Natural Gas Liquids, Oneok, Permian, Targa, The Daley Note
Permian NGL takeaway capacity is extremely tight now, but that dynamic is about to change, according to East Daley’s basin…
Blackcomb FID Could be Knockout Blow to Permian Pipe Competition
A Whitewater-backed investor group has reached FID on Blackcomb Pipeline, a new 42-inch gas line out of the Permian Basin.…
Cureton Synergies in Action
The Williams Companies’ (WMB) Cureton Front Range acquisition in Nov’23 included 260 miles of gas gathering and 60 MMcf/d of…
Need a Permian Update? Targa Could Spill the Tea
East Daley is optimistic about Targa Resources’ (TRGP) outlook in 2024, and we’ll be watching if the company can shed…