Civitas Sells DJ Assets as Basin Consolidation Continues
Civitas Resources (CIVI) is trimming its Denver-Julesburg (DJ) Basin footprint with two asset sales totaling $435MM. The offloaded properties produce…
ONEOK, Plains Take Over BridgeTex Ahead of Uptrend for Permian Oil Pipe
ONEOK (OKE) and Plains All American (PAA) have bought out the Ontario Municipal Employees Retirement System’s (OMERS) interest in BridgeTex…
Permian Crude Growth on Track Despite E&P Pullback
In 1Q25 earnings reports, many US crude producers, especially Permian operators, lowered their full-year Capex guidance in response to WTI…
BridgeTex Prepares for Growth as Permian Oil Egress Tightens
BridgeTex Pipeline, the last crude oil pipeline to fill from the Permian Basin to Houston, has revised its tariff to…
Rail Expansion Could Lift Uinta Crude
Executive Summary: Rigs: The total US rig count increased to 525 during the week of July 6. Infrastructure: The Bureau of…
ETCOP Positioned for Growth with Connector Project
Executive Summary: Infrastructure: ETCOP has launched an open season for a project to bring more Canadian crude oil to the…
Crude Whipsaws in 2Q25. Time to Revisit Capital Budgets?
Infrastructure: ENB Captures WCSB Arbitrage. Rigs: The total US rig count decreased during the week of June 1 to 523.…
Crude Imports Shift Between Enbridge Pipes
Infrastructure: ENB Captures WCSB Arbitrage. Rigs: The total US rig count decreased during the week of June 1 to 523.…
Trans Mountain Considers More Expansions to Ramp Canada’s Exports
Executive Summary: Rigs: The total US rig count decreased by 12 during the week of May 11 to 531. Infrastructure: The…
A Day Late and a Dollar Short? Supreme Court Gives Life to Uinta Rail Project
Executive Summary: Rigs: The total US rig count decreased by 12 during the week of May 11 to 531. Infrastructure: The…
2025 Permian Outlook: Measured Growth Ahead
Executive Summary: Rigs: The total US rig count decreased by 12 during the week of May 11 to 531. Infrastructure: The…
Ready for an SPR Refill? Budget Request Falls Short of Rhetoric
Executive Summary: Rigs: The total US rig count decreased by 2 during the week of May 4 to 446. Infrastructure: The Trump…