Kinetik Puts GCX Pipeline Stake on the Block
Kinetik (KNTK) will likely begin marketing its 16% share in Gulf Coast Express Pipeline (GCX) this quarter.
The Daley Note
Wildfires Cut Oil and Gas Flows from Canada
Wildfires have led Canadian producers and midstream operators to shut-in some infrastructure.
NextEra to Sell Gas Pipeline Assets
NextEra Energy Partners (NEP) plans to divest its natural pipeline assets and transform into a 100% pure-play renewables investment.
Latest Permian Merger Will Cost a Few Rigs
Several G&P systems are at risk of losing rigs later this year following Callon Petroleum’s (CPE) purchase of Percussion Petroleum…
Delaware Producer is Moving Downstream
Independent producer Matador Resources (MTDR) is building a midstream foothold in the Delaware Basin.
Exports, Marketing Drive a Big 1Q23 Beat for Targa
Midstream is a complex profit machine, a reality underscored by Targa Resources (TRGP) big 1Q23 beat. TRGP reported 8% above…
New ET Plant Adds to Evidence of a Permian Backlog
Energy Transfer’s (ET) new Grey Wolf gas processing plant is running nearly full after a few months of operation.
A Neglected Trophy in the Delaware
A modest oil pipeline in the northern Delaware Basin could capture upside from development in the hottest US oil play.
High Gas Prices Slow Ethane Recovery in Rockies
Ethane recovery has taken a hit in the Rockies as gas prices soared this winter. Volatile commodities could create risk…
Ovintiv–EnCap Deal Sets Off a Midland Rig Fight
Ovintiv’s purchase of three EnCap-backed producers will result in a shrinking rig count in the Midland Basin.