East Daley Analytics – Dissecting the Energy Value Chain

Posts about Permian (5)

Energy Transfer Makes a Play for Midland NGLs

Comments: 0
Energy Transfer (ET) has made a big move to secure a slice of the Midland NGL pie. The $3.25B acquisition of WTG Midstream Holdings will give ET ...
Read

ET Joins Permian M&A Frenzy with $3.25B Deal for West Texas Gas

Comments: 0
Energy Transfer (ET) has made a statement acquisition, reaching a deal to acquire West Texas Gas Midstream (WTG) for $3.25B ($2.45B in cash). WTG, ...
Read

Phillips 66 Expands Reach in Midland with Pinnacle Buy

Comments: 0
Phillips 66 (PSX) will acquire Pinnacle Midstream for $550MM in cash, advancing the company’s goal to expand into the Permian G&P business. PSX ...
Read

M&A Exerts a Gravity on Permian Rig Counts

Comments: 0
Like a force of gravity, upstream dealmaking is steadily pulling rig counts lower in the Permian Basin. Drilling activity is well below recent highs ...
Read

Kinetik Extends Reach in Delaware with Durango Midstream Purchase

Comments: 0
Kinetik (KNTK) will acquire Durango Midstream’s Permian Basin assets for $765MM in stock and cash, extending the company’s reach further north in the ...
Read

Big Ethane Contracts Scramble the NGL Outlook

Comments: 0
It may have flown under the radar of some investors, but Enterprise Products (EPD) has thrown a wrench into NGL markets. The midstream company ...
Read

Pipeline Work Will Disrupt Permian Crude Flows

Comments: 0
Upcoming maintenance work on the Wink-to-Webster and Midland-to-Echo III pipelines in June will disrupt normal operations out of the Permian Basin ...
Read

LNG Growth Can Flip Economics Driving Gas Prices

Comments: 0
Driven by new LNG projects, natural gas demand growth is poised to exceed supply in 2025, according to our latest Macro Supply and Demand Forecast. ...
Read

In 2025, Gas Could Break Through to Other Side

Comments: 0
Natural gas producers are suffering through a terrible year in 2024 featuring decades-low prices and an unprecedented storage glut. But if operators ...
Read

A Multi-tool Pipe has Enterprise Ready for the Unexpected

Comments: 0
Enterprise Products (EPD) plans to convert its Seminole Pipeline back to crude oil service next year, the latest flex by EPD for the multi-use ...
Read