Bakken on the Block? Close of Hess Sale May Put Assets in Play
Chevron (CVX) on July 18 completed the $53B acquisition of Hess Corp., giving the oil major a 37.8% stake in…
Ethane Projects Face Challenges in Fragmented Global Market
US ethane has quietly powered the next generation of plants feeding the global plastics boom — cheap, abundant and unchallenged.…
Back Door Demand: Permian Shippers May Poach Rockies Data Center Growth
An emerging data center industry along the Colorado and Wyoming Front Range should spell good news for producers in the…
We’re Not Buying EIA’s ‘Chicken Little’ Oil Forecast
The EIA has turned heads with a bearish call on crude oil. The agency predicts prices will fall to around…
Plaquemines Demand Passes 3 Bcf/d as Phase 2 Expansion Ramps
Plaquemines LNG feedgas deliveries averaged over 3 Bcf/d last week, peaking at 3.3 Bcf/d on Aug.10-11 as Venture Global continues…
Propane Exports Fall Victim to Trade War
US propane exports have seen relatively steady growth, and East Daley Analytics forecasts growth to temper but continue trending higher.…
The Summer is Dead, Long Live the Summer
Natural gas prices have fallen below $3/MMBtu as hopes fade for a summer rally. Traders are grappling with the reality…
Matterhorn Fully Subscribed After Producers Add Contracts
The Matterhorn pipeline is fully subscribed after several producers in the Permian Basin added contracts in 1Q25, according to new…
ONEOK, Plains Take Control of BridgeTex Ahead of Upturn
ONEOK and Plains All American have taken over BridgeTex Pipeline, buying out the interest of the Ontario Municipal Employees Retirement…
Falling Spot Rates Confirm Slack in NGL Markets
In its 2Q25 earnings, Enterprise Products confirmed a key point East Daley Analytics has flagged for clients: NGL export markets…
ET Makes FID on Gas Pipeline to Meet Southwest Growth
Energy Transfer reached a final investment decision on an expansion of its Transwestern Pipeline to serve growing natural gas demand…
Who’s Down in the Permian? Rig Slide Splits Midstream Into Winners, Losers
Crude, Energy Transfer, Equity, FANG, Kinder Morgan, Kinetik, MPLX LP, Oneok, Permian, Phillips 66, Plains, Targa, The Daley Note
Drilling in the Permian Basin fell by 34 rigs in 2Q25, a 12% Q-o-Q decline, and continues to slide as…