First Midstream Investment Starts in Ohio-Utica Shale
DT Midstream has started a new gathering pipeline ahead of schedule in the Ohio-Utica shale, the first major midstream investment…
The Daley Note
Producers Ink Deals for a Slice of LNG Profits
US and Canadian producers are closing more natural gas supply deals tied to overseas fuel prices, potentially changing how LNG…
EQT-Equitrans Merger Heralds Asset Sales Ahead
EQT will acquire Equitrans Midstream for $5.5B in stock. The merger will create an opportunity for companies to pick up…
Enbridge Solidifies Lead for Corpus Christi Exports
Enbridge (ENB) is solidifying its hold as the leading service provider for Corpus Christi crude oil exports. The company will…
TC Energy Sells Portland Pipe, Chips Away at Sales Goal
TC Energy has reached a deal to sell the Portland Natural Gas Transmission System for US$1.14B, moving the company closer…
The Houston–Midland Spread is Ready to Blow
With 2024 Permian egress tightness, our forecasts show rising Houston-Midland oil spread into 2025. Explore factors driving this shift and…
Canadian Supply Growth Pushes More Gas into US
Producers in Western Canada are expanding output ahead of the country’s first LNG project, pushing more natural gas into the…
Chesapeake Puts 1 Bcf/d of Production on Hold
Chesapeake will pull back on drilling and new well starts in response to low natural gas prices. CHK is one…
CHK-SWN Merger Likely to See Antitrust Scrutiny
The $17B merger between Chesapeake and Southwestern Energy is still in the early innings in the view of East Daley…
WES Unloads Assets Amid Takeover Rumors
Amid rumors Occidental may divest its company stake, Western Midstream has sold several non-core assets to buyers including Enterprise Products…