East Daley Analytics – Dissecting the Energy Value Chain

Posts about Permian (6)

The Countdown Begins to Matterhorn Start-up

Posted by: Oren Pilant
Comments: 0
East Daley Analytics is watching the Texas natural gas market closely for signs of activity from Matterhorn Express Pipeline. Whitewater Midstream ...
Read

M&A, Efficiencies Clip Wings of Permian Growth

Posted by: James Taylor
Comments: 0
Rig activity continues to decline in the Permian Basin, weighed down by consolidation and operators’ drive to control spending. Rig counts in the ...
Read

Record Ethane Production Bodes Well for 2Q24 Earnings

Comments: 0
Ethane was the top commodity performer in the latest monthly data from the EIA, and by a mile. Higher ethane recovery predicted earlier by East Daley ...
Read

ET Has Caught Up in the Permian G&P Race

Comments: 0
Energy Transfer (ET) is making inroads to match rivals and expand its already enormous Permian G&P systems. Several splashy acquisitions for ...
Read

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