Enlink Midstream (ENLC)

EnLink Adds Tall Oak System to Meet STACK Growth

EnLink Midstream (ENLC) has added G&P assets in central Oklahoma to manage supply growth in the Anadarko Basin. ENLC did not disclose the counterparty on in its 4Q22 earnings call, but East Daley has identified the seller as Tall Oak Midstream.

In September 2022, East Daley flagged a looming infrastructure constraint on ENLC’s Central Oklahoma (COK) system, as result of increased rig activity in the STACK that we allocate to the COK system. We highlighted the need for additional gas processing capacity after ENLC had previously relocated its Thunderbird and Battle Ridge facilities to the Midland Basin.