EnLink Capacity Constraints Loom in Oklahoma
Volumes on EnLink Midstream’s Central Oklahoma system trend higher in our recently revised forecast due to a significant increase in…
The Daley Note
A Shift Load of Permian Gas
Midstream is seeing creative and collaborative solutions to service the current producer supply push amid high commodity prices. Moving ongoing…
Occidental Permian Rig Count Rises, but Who Wins?
Occidental Petroleum (OXY) has 19 active rigs in the Permian according to East Daley’s rig tracking data for the week…
Natural Gas Watch: 93 New Rigs Since January
Permian samples remain elevated through the first week of September, continuing the trend we observed through August. Average August-September volumes…
Natural Gas Watch: Permian Production Outruns Sample
Daily pipe scrapes have become a less reliable indicator of Permian dry gas production over time (see Figure 1), as…
Frac Constraints Arrive Sooner on Medford Outage
The July explosion at ONEOK’s Medford fractionator has disrupted NGL supply chains and will hasten the onset of frac constraints,…
Demand Stinks, Yet Declining Storage Suggests World is Short Oil
Energy Information Administration (EIA) data for the week ending August 19 continues to show weakening domestic petroleum demand relative to…
Freeport Extends LNG Outage to November
Freeport LNG has extended by ~1 month the planned outage at the export facility, pushing the timeline to re-start initial…
MPLX Targets Harmon Peak Expansion
MPLX recently announced plans to expand its Harmon Creek processing plant in southwestern Pennsylvania.
Bad News Bakken Bears
OKE’s pre-earnings release struggles are likely due to investors’ bearish sentiment surrounding the April freezing events in the Bakken, macro…