Exxon Deals Give Targa 20-Year Runway for Permian Growth
Targa Resources has cemented its midstream partnership with ExxonMobil in a series of deals that will result in new Permian…
The Daley Note
ONEOK Acquires Brazos’ Midland Assets for $4.43B, Preps for More Deals
ONEOK has entered into an agreement to purchase Brazos Midstream’s Midland Basin assets for $4.425B, continuing its rapid expansion via…
Headroom for Permian Crude is Getting Hard to Find
The Permian still has room to grow crude oil takeaway without another greenfield pipeline, but the candidates for a brownfield…
Butane Exports Soar on Mideast Disruptions
US butane exports set three consecutive record highs this spring, up 35% in just two months, with India emerging as…
The Big Swing: Pre-FID LNG is a Huge Share of Future Gas Demand
LNG exports are the main engine driving growth in US natural gas demand, supported by strong global interest and low…
Worth Its Salt? Enbridge Moves Upstream in $600MM Permian Deal
Enbridge has reached a deal to acquire Salt Creek Midstream’s crude oil gathering business for $600MM. The deal gives ENB…
Home is Where the Gas is: Permian is Ground Zero for Data Centers
Drawn by cheap land and abundant gas, the Permian has become a hotbed of data center development. The trend looks…
Red Tape Snares Bison XPress Expansion
In theory, the Bison Xpress reversal expansion is live. Construction of the project on Northern Border Pipeline has been completed…
Cactus III Expansion Targets Thorny Corpus Shipping Situation
Plains All American plans to bring a 75 Mb/d expansion of Cactus III Pipeline online by the end of August,…
Not so Alone: Solitude Joins Packed Field to Open Permian Gas Takeaway
The massive Solitude Pipeline system adds an exclamation point to a new era in the Permian Basin: the end of…