East Daley Analytics – Dissecting the Energy Value Chain

Posts about Oneok

The Perfect Couple: ONEOK, MPLX Partner on Downstream NGL Projects

Posted by: Rob Wilson
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ONEOK (OKE) and MPLX (MPLX) have partnered to build out the downstream component of their NGL value chain. The arrangement is one East Daley ...
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Hess Takes the Over on Bakken Growth

Posted by: Rob Wilson
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East Daley forecasts Bakken rich gas to grow at a 2% CAGR from 2024 to ’26, and Hess Midstream (HESM) just took the over on that line. The company ...
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Targa’s Daytona Drives Another NGL Record

Posted by: Rob Wilson
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NGL production hit yet another record in Oct ’24 thanks to the early start of Targa Resources’ (TRGP) Daytona NGL Pipeline. New data confirms the ...
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EPIC! $2.2B Deal Vaults Phillips 66 to Midstream Elite

Posted by: Rob Wilson
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Phillips 66 (PSX) will buy EPIC Y-Grade’s NGL business for $2.2B in cash. The deal elevates PSX into an elite group of major integrated NGL players ...
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Ethane Leads Permian Supply Surge in 2024

Posted by: Rob Wilson
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The quiet star of the Permian Basin in 2024 was ethane, re-establishing the benchmark for potential growth. Permian ethane supply hit multiple ...
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Best of 2024: One Simple Trick to Solve ONEOK Contracting Risk

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Best of 2024: The Daley Note: August 27, 2024. ONEOK (OKE) faces a big contract cliff in 2028 on West Texas NGL, the company’s NGL pipeline system in ...
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Best of 2024: Double H Conversion to Double Bakken Volatility

Posted by: Kristy Oleszek
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Best of 2024: The Daley Note: July 23, 2024. Kinder Morgan (KMI) plans to convert the Double H crude oil pipeline out of the Bakken to NGL service. ...
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Wheelin’ ONEOK Sells Gas Pipelines to DTM

Posted by: Ajay Bakshani
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DT Midstream (DTM) acquired ONEOK’s (OKE) wholly-owned interstate gas pipelines (Guardian, Viking, and Midwestern Gas Transmission) for $1.2B. The ...
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ONEOK Reaches $4.3B Deal to Complete EnLink Merger

Posted by: Ajay Bakshani
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ONEOK (OKE) will fully merge with EnLink Midstream (ENLC) after reaching an agreement to acquire the rest of ENLC’s public units for $4.3B. The ...
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Move Over Tyson-Paul, the Real Warrior is Here

Posted by: Ajay Bakshani
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Energy Transfer (ET) could reach a final investment decision (FID) on the Warrior Pipeline within weeks, management said on the company’s 3Q24 ...
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