Another One! ONEOK Adds to Permian NGL Pipeline Push
ONEOK (OKE) plans to loop its West Texas NGL (WTX NGL) pipeline, joining an industry push to expand NGL pipelines…
The Daley Note
In MVP Permit Battle, the Court Finally Yields
The US Fourth Circuit Court of Appeals has dismissed two legal challenges against the Mountain Valley Pipeline (MVP), clearing a…
E&P Mergers Take Toll on Permian Drilling
Permian Basin rig counts have declined in recent months from a high of 353 in late April to 326 rigs…
Barrels Wanted: $7.1B Crestwood Acquisition May Boost ET’s Downstream Volumes
Crestwood, Crude, Energy Transfer, Equitrans Midstream, Natural Gas Liquids, Oneok, Powder River, Targa, The Daley Note
Energy Transfer’s $7.1B acquisition of Crestwood Equity (CEQP) gives ET reach in new basins and could lift volumes on several…
Propane Storage Glut Could Spur More Exports
Rising propane stocks have become a major pressure point weighing on the market.
TC Energy to Spin Off Liquids Pipelines
TC Energy (TRP) plans to spin off its crude oil pipelines into a separate company to focus on natural gas…
Williams Project Would Bridge Western Divide in Gas
Williams (WMB) plans to pursue a pipeline project to move more natural gas to the West Coast and interior Mountain…
Ohio-Utica Shale Seeds First Midstream Investments
The Ohio-Utica shale play is creating early midstream investments on the western edge of the Appalachian Basin.
A Midstream Turf Battle in New Mexico
Midstream competition is heating up in the northern Delaware Basin, where Kinetik Holdings (KNTK) is building a new pipeline to…
Matador Takes Permian Midstream by the Horns
Permian producer Matador Resources (MTDR) continues to eye expansions in the midstream space. MTDR plans to add a 200 MMcf/d…