Delays Rack Up $3 Billion Tab for MVP Shippers
Mountain Valley Pipeline has filed to increase maximum tariff rates by 80% or more in response to massive cost increases.
The Daley Note
The Longest Mile for Trans Mountain
The Trans Mountain Pipeline expansion (TMX) faces the prospects of more delays to finish construction, putting a 1Q24 target at…
Choose Your Pipe Adventure
A new environmental review of the Dakota Access Pipeline (DAPL) lays out five possible scenarios without making a recommendation.
Yard Sale: Investors Anxious as TC Energy Unloads Assets
Facing a high debt load, TC Energy (TRP) has been making moves to sell assets and raise cash. The latest…
King of NGLs Makes a Bakken Power Play
ONEOK (OKE) plans to expand its Elk Creek NGL pipeline, though East Daley’s Bakken supply forecast shows no need for…
ONEOK’s Curious Plan to Expand Elk Creek Pipeline
ONEOK (OKE) plans to expand its Elk Creek NGL pipeline, though East Daley’s Bakken supply forecast shows no need for…
TMX Earthquake to Send Tremors Through US Crude
Canada’s Trans Mountain Pipeline expansion will affect crude oil flows to refiners and terminal operators from Louisiana to the Midwest,…
Producer May Ramble After Latest Permian Merger
Permian Resources (PR) will acquire Earthstone Energy (ESTE) for $4.5 billion in stock. The deal gives PR new drilling options…
Low Gas Prices Bite into Anadarko Supply
Gas flows have been sliding in pipeline samples from the Anadarko Basin, suggesting that slowing rig activity could be taking…
Silverbow-CHK Asset Sale Could Shuffle Eagle Ford Rigs
SilverBow Resources has struck a deal with Chesapeake Energy to acquire assets in the Eagle Ford shale for $700MM. The…