New Fields Grow Gulf of Mexico Production in 2024
Several new deepwater projects are planning to start up this year and contribute to higher production from the Gulf of…
The Daley Note
KMI Starts Markham Expansion, Adding to Storage Momentum
Kinder Morgan has started partial service on an expansion of the Markham natural gas storage facility on the Texas Gulf…
A New NGL Contender Enters the Ring
MPLX is positioning to join a small group of companies that own all parts of the NGL value chain linking…
Bill Coming Due for Refiners as TMX Nears Completion
The cost to US refiners and midstream operators is coming into sharper view as the Trans Mountain Pipeline Expansion moves…
Permian Production Exits 2023 at a Record High
Crude oil production from the Permian Basin exited 2023 at an all-time high of 6,115 Mb/d, according to East Daley’s…
The Case for Upside from a CHK–SWN Combo
The Chesapeake-Southwestern merger could be good or bad news for midstream companies, depending how a few factors break. East Daley…
Is $17B CHK – SWN Deal Good for Midstream? The Bear Case
Chesapeake and Southwestern Energy will merge and create the largest US natural gas producer. EDA expects the deal to shift…
DJ Basin Crude Recovery is Nearly Complete
Oil production from the Denver Julesburg Basin has been steadily rebounding off lows hit in the 2020 downturn and will…
Williams Deal Spotlights Value of Gas Storage
Williams (WMB) is acquiring six Gulf Coast storage facilities, an asset class East Daley expects to grow in value as…
Tokyo Gas Expands in Haynesville with $2.7B Rockcliff Purchase
A unit of Tokyo Gas has reached a deal to buy private Rockcliff Energy II for $2.7 billion, giving the…