OXY’s Swing to the DJ Could Lift Western Midstream
Occidental (OXY) recently added new rigs in the Denver-Julesburg Basin, which could lift East Daley’s outlook for Western Midstream (WES).
The Daley Note
What’s Your Permian Gas Worth(less)?
Permian Basin natural gas prices fell below zero this week on pipeline maintenance. East Daley sees further price volatility on…
How Gassy Will Apache Go?
Apache added a second rig to its Alpine High system, prompting East Daley to wonder if the producer plans to…
No October Surprise in Haynesville Supply Surge
Haynesville gas volumes have grown sharply in October, confirming East Daley supply forecasts. Williams is seeing a surge on a…
Investors, Don’t Let the Headlines Spook You
A Bloomberg headline on the West Texas Gulf crude oil pipeline spooked Energy Transfer investors, but East Daley believes it’s…
Producers are Stepping Out
High oil prices lead to more exploratory drilling in fringe areas. We’re monitoring a rig in the DJ Basin with…
DTM Doubles Down on Millennium
DT Midstream is doubling its stake in Millennium Pipeline, betting on more growth in Northeast natural gas markets. East Daley…
An Ethane-Methane Catch 22
Permian natural gas pipeline bottlenecks are boosting ethane supply, causing new infrastructure problems in NGL markets.
What a Drag for Midstream
Soft refined products demand is dragging down East Daley’s outlook for Magellan Midstream.
Midstreamer Readies for Gulf Coast Growth
Midstreamers in the Haynesville are expanding to meet Gulf Coast demand growth.