Chord-XTO Deal Extends Runway for Bakken Growth
Chord Energy is strengthening its Williston Basin position with a $550MM asset acquisition from ExxonMobil subsidiary XTO Energy. The deal…
The Daley Note
Junk or Jewels? Plains Plans NGL Asset Sale on Path to Crude Pure Play
Plains All American aims to become a crude oil midstream pure play, but a motley assortment of NGL assets stand…
Data Center Boom Spawns Backlash, Risking Some Upside for Gas
The surge in US data center development has boomeranged on the industry in the form of a consumer backlash, driven…
Delaware Sour Gas Trend Points to Winners, Targets in Midstream
Sour gas development is a leading trend in the Delaware Basin and, as East Daley highlighted last week, acid gas…
A New Bakken Pipeline? North Dakota Agency Backs WBI Project
A North Dakota government agency has thrown its support behind a pipeline expansion planned by WBI Energy, raising the odds…
Petchem Industry Grapples with Global Overcapacity
Low margins and excess capacity have led to a reckoning in the global petrochemical industry. Companies in Europe and Asia…
Haynesville Rigs Climb Ahead of Gas Demand Ramp
After troughing in January, Haynesville rig counts have steadily climbed through the year, reaching 55 rigs in August. The ramp…
Sour Gas is a Sweet Opportunity for Midstream
Managing sour gas is becoming a challenge for Delaware Basin producers. Development is shifting to the deeper Avalon and Bone…
Pipeline Takeaway Constrains Canadian Oil Growth
Pipeline takeaway remains the primary constraint for crude oil supply growth from Western Canada, prompting new efforts to expand systems…
Transco, MVP Duke It Out for Market in North Carolina
Mountain Valley Pipeline and the Transcontinental Gas Pipe Line are locked in a bruising fight for market in North Carolina,…