A Chevron Chops Its E&P Budget – Midstream Implications: Chevron (CVX) said it will slash its long-term capital and exploratory budget by ~25% to preserve its dividend amid lower oil and gas prices, a potential headwind for midstream companies including Energy Transfer (ET), DCP Midstream (DCP), and MPLX (MPLX) that gather and process for the major’s U.S. operations. (CVX, ET, DCP, MPLX)
East Daley’s Latest Production & Constraint Forecasts Now Available: East Daley’s latest Production & Constraint Forecast reports and data sets have been updated and are now available for the following basins: Permian, Northeast, Denver-Julesburg, Powder River, Western Canadian Sedimentary Basin, and the Williston.
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