NGL Insider

Rising Gas Prices Pose Risk to Northeast NGL Growth

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Executive Summary: Infrastructure: Rising gas prices could exert downward pressure on Northeast NGL production. Rigs: The total US rig count ...
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Tariffs Pose Risk to Record LPG Exports

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Executive Summary: Infrastructure: An escalating trade war with China could put some LPG exports at risk. Rigs: The total US rig count decreased by 2 ...
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MPLX Acquires Rest of BANGL to Advance NGL Strategy

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Executive Summary: Infrastructure: MPLX is acquiring full ownership of BANGL for $715MM, expanding its reach from the Permian to export docks. Rigs: ...
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Range Commits to New East Coast Terminal

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Executive Summary: Infrastructure: Range Resources (RRC) said it has committed to 20 Mb/d of takeaway and export capacity at a new East Coast ...
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Targa Adds to Infrastructure Targeting Permian NGLs

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Executive Summary: Infrastructure: Targa (TRG) is the latest company to announce new NGL infrastructure projects to handle supply growth from the ...
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Frigid January Rebalances Propane Market

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Executive Summary: Infrastructure: Propane storage fell sharply in January, lowering the risk of an oversupplied market in ‘25. Rigs: The total rig ...
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ONEOK, MPLX Partner on Downstream NGL Projects

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Executive Summary: Rigs: The total rig count remained flat for the January 19 week at 531. Flows: US flow samples rebounded 3.1 Bcf/d (+4.7%) during ...
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HESM Guidance Points to Bakken Upside

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Executive Summary: Rigs: The total rig count decreased by 5 for the January 5 week, down to 521 from 526. Flows: Last week, a polar vortex brought a ...
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Outrigger Deal Moves KMI Closer to Filling Double H

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Executive Summary: Rigs: The total rig count decreased by 5 for the week ending January 5, down to 521 from 526. Flows: Winter storm reduces pipeline ...
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Permian NGLs Hit New Record Thanks to Targa Pipe

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Executive Summary: Rigs: The total rig count decreased by 9 for the week ending December 29, down to 522 from 531. Flows: The pipeline sample from ...
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