East Daley Analytics – Dissecting the Energy Value Chain

Posts about The Daley Note (5)

Enbridge Lowers Spot Rates as Canadian Pipe Competition Heats Up

Comments: 0
Enbridge (ENB) Mainline, Canada’s largest crude oil egress pipeline, is lowering spot rates in joint tariffs to incentivize deliveries to the Gulf ...
Read

Coincidence? Permian Production is Primed to Pop as WTI Falls

Comments: 0
Permian Basin oil production is primed to grow along with natural gas in 4Q24 when WhiteWater Midstream’s Matterhorn Express Pipeline comes online, ...
Read

ONEOK the Consolidator (Medallion Edition)

Comments: 0
ONEOK (OKE) has become a big dealmaker in the midstream space, recently closing on $5.9B in acquisitions. Along with GIP’s stake in EnLink Midstream ...
Read

Matterhorn is Great for Commodities – Except One

Comments: 0
NGLs have had the pole position on hydrocarbon growth in 2024, due largely to incentives to extract ethane from the egress-constrained Permian Basin. ...
Read

Golden Pass Wants More Runway to Land the Plane

Comments: 0
After the bankruptcy of its lead contractor, Golden Pass LNG is asking regulators for more time to complete construction. East Daley is watching the ...
Read

$3.3B EnLink Deal Moves the Needle for ONEOK

Comments: 0
ONEOK (OKE) is acquiring EnLink Midstream (ENLC) for $3.3B. The purchase will move the needle in several ways for the company: ENLC assets will ...
Read

All Aboard? Labor Strife May Derail Canadian Crude Imports

Comments: 0
The Canadian government intervened last week to end a brief rail strike between the Teamsters and the country's two largest railroad companies, ...
Read

Pipes, Plant Expansions Support Next Permian Growth Phase

Comments: 0
East Daley Analytics sees Permian Basin gas production growing around 1.7 Bcf/d by YE24 as egress constraints are relieved by new pipelines coming ...
Read

Enterprise Buys Pinon Assets, Makes Play for Delaware Sour Gas

Comments: 0
Enterprise Products (EPD) has agreed to purchase sour gas gathering and treating infrastructure from Pinon Midstream for $950MM in cash. The deal ...
Read

One Simple Trick to Solve ONEOK Contracting Risk

Comments: 0
ONEOK (OKE) faces a big contract cliff in 2028 on West Texas NGL, the company’s NGL pipeline system in the Permian Basin. The company can mitigate ...
Read