Yard Sale: Investors Anxious as TC Energy Unloads Assets
Facing a high debt load, TC Energy (TRP) has been making moves to sell assets and raise cash. The latest…
The Daley Note
King of NGLs Makes a Bakken Power Play
ONEOK (OKE) plans to expand its Elk Creek NGL pipeline, though East Daley’s Bakken supply forecast shows no need for…
ONEOK’s Curious Plan to Expand Elk Creek Pipeline
ONEOK (OKE) plans to expand its Elk Creek NGL pipeline, though East Daley’s Bakken supply forecast shows no need for…
TMX Earthquake to Send Tremors Through US Crude
Canada’s Trans Mountain Pipeline expansion will affect crude oil flows to refiners and terminal operators from Louisiana to the Midwest,…
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…
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…