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…
The Daley Note
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…
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…
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…