A Dark Horse for NGL Upside in 2024
The Permian Basin will drive new NGL supply growth in 2024. Yet it may come as a surprise which midstream…
Targa
The Second Coming of GC Fractionator
The restart of Gulf Coast Fractionator says a lot about the state of NGL markets and the urgent need for…
Is Mexico a Workaround for LPG Dock Constraint?
Several market factors could support additional growth in liquefied petroleum gas (LPG) exports despite tightness at Gulf Coast docks.
Kinetik Starts a Different Sort of Border Conflict
Kinetik (KNTK) has started service on a pipeline extending the company’s West Texas G&P system into New Mexico, posing new…
The Channel That Never Sleeps
The Houston Ship Channel is working around the clock to keep liquefied petroleum gas (LPG) cargoes moving, thanks to a…
Chord, Enerplus Plan a Bakken Super-Merger
Chord Energy and Enerplus plan to merge in an $11B transaction, creating an E&P focused on Bakken oil development. Several…
LPG Export Surge Pushes Docks to the Limit
East Daley expects NGL exports in the form of liquefied petroleum gas (LPGs) to hit a record high in 4Q23,…
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…
Best of 2023: Another One! ONEOK Adds to Permian NGL Pipeline Push
ONEOK (OKE) plans to loop its West Texas NGL (WTX NGL) pipeline, joining an industry push to expand NGL pipelines…
Best of 2023: Barrels Wanted: $7.1B Crestwood Acquisition May Boost ET’s Downstream Volumes
Crestwood, Crude, Energy Transfer, Equitrans Midstream, Natural Gas Liquids, Oneok, Powder River, Targa, The Daley Note
Energy Transfer’s $7.1B acquisition of Crestwood Equity (CEQP) gives ET reach in new basins and could lift volumes on several…