The Daley Note (21)

ETRN Volumes Fall as EQT Shuts 1 Bcf/d of Production

Posted by: East Daley Analytics

Comments: 0

Leading Appalachian producer EQT has shut-in ~1 Bcf/d of natural gas production in response to low prices. Equitrans Midstream (ETRN) is bearing the ...

Read

8 Mar

Canadian Supply Growth Pushes More Gas into US

Posted by: East Daley Analytics

Comments: 0

Producers in Western Canada are expanding output ahead of the country’s first major LNG project, pushing more natural gas into the US and adding to a ...

Read

7 Mar

Chord, Enerplus Plan a Bakken Super-Merger

Posted by: East Daley Analytics

Comments: 0

Chord Energy (CHRD) and Enerplus (ERF) plan to merge in an $11B transaction, creating an E&P focused on Bakken oil development. Several midstream ...

Read

6 Mar

Chesapeake Puts 1 Bcf/d of Production on Hold

Posted by: East Daley Analytics

Comments: 0

Chesapeake Energy (CHK) will pull back on drilling and starting new wells in response to low natural gas prices. CHK is one of several producers ...

Read

5 Mar

Midstream Spends $10B on Gas Projects in 2024: CAPEX Dashboard

Posted by: East Daley Analytics

Comments: 0

Energy companies plan to spend the lion’s share of midstream budgets on natural gas this year, investing over $10B to upgrade and expand gas ...

Read

1 Mar

CHK-SWN Merger Likely to See Antitrust Scrutiny

Posted by: East Daley Analytics

Comments: 0

The $17B merger between Chesapeake Energy (CHK) and Southwestern Energy (SWN) is still in the early innings in the view of East Daley Analytics, as ...

Read

29 Feb

WES Unloads Assets Amid Takeover Rumors

Posted by: East Daley Analytics

Comments: 0

Amid rumors that Occidental (OXY) may divest its company stake, Western Midstream (WES) has sold several non-core assets to buyers including ...

Read

28 Feb

Northeast E&Ps Lift Winter Supply, Contribute to Gas Glut

Posted by: East Daley Analytics

Comments: 0

Helped by a new pipeline expansion, Marcellus and Utica gas producers have ramped production to record levels this winter. The supply growth is ...

Read

27 Feb

Who Wants a Piece of WES? OXY Could Sell Western Midstream Stake

Posted by: East Daley Analytics

Comments: 0

Occidental (OXY) is reported to be exploring a possible sale of its stake in Western Midstream (WES). East Daley Analytics made the case previously ...

Read

23 Feb