Pipe Conversion Will Tighten Permian Egress
Enterprise Products (EPD) is converting the 210 Mb/d Midland-to-ECHO 2 (M2E2) pipeline from crude service back to NGLs.
The Daley Note
Texas Port is Replumbed for Oil Exports
Max Midstream is repurposing pipelines near the Port of Calhoun with an eye to becoming a rival hub for Texas…
The Race is On to Build Permian Processing
Enterprise Products (EPD) announced two new gas processing plants in the Permian Basin, the latest amid a significant expansion under…
The Rockies Need More Pipe
A cold front sent natural gas prices surging in western US markets, causing the spread to blow out between the…
Rate Design Would Lift Revenue for GTN
TC Energy’s (TRP) Gas Transmission Northwest has proposed a new rate design that East Daley estimates would raise pipeline revenue.
Mach IPO Highlights Tier 2 Potential
Mach Natural Resources launched an IPO last week, raising nearly $172MM. The offering reflects growing investor interest in the E&P…
DTM LEAPs Ahead in Haynesville
Ahead of DT Midstream’s 3Q23 earnings this week, East Daley sees growth in the company’s Haynesville assets as the driver…
Star Performer May Burn Out for KMI, ET
The Midcontinent Express Pipeline (MEP) has had a great run for owners Kinder Morgan and Energy Transfer (ET), but the…
Mountain Valley Start-up Delayed to 1Q24
Equitrans Midstream has postponed the expected start-up of Mountain Valley Pipeline to 1Q24. The project now won’t be available for…
EDA Lowers NuStar View as Crude Volumes Disappoint
East Daley Analytics has lowered our forecast for NuStar Energy (NS) ahead of the company’s 3Q23 earnings following an underwhelming…