The Daley Note (19)

Data Center Demand: Pipe Dream or Pot of Gold for Gas?

Posted by: East Daley Analytics

Comments: 0

Natural gas demand growth appears to be a real phenomenon to power new data centers, with high potential for wider adoption of gas for the technology ...

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4 Jun

ET Joins Permian M&A Frenzy with $3.25B Deal for West Texas Gas

Posted by: East Daley Analytics

Comments: 0

Energy Transfer (ET) has made a statement acquisition, reaching a deal to acquire West Texas Gas Midstream (WTG) for $3.25B ($2.45B in cash). WTG, ...

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31 May

Phillips 66 Expands Reach in Midland with Pinnacle Buy

Posted by: East Daley Analytics

Comments: 0

Phillips 66 (PSX) will acquire Pinnacle Midstream for $550MM in cash, advancing the company’s goal to expand into the Permian G&P business. PSX ...

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30 May

Golden Pass Contractor Files for Chapter 11, Raising Concerns of a Longer Delay

Posted by: East Daley Analytics

Comments: 0

The lead contractor for Golden Pass LNG has filed for bankruptcy protection, creating risk of a potentially extended delay for the LNG project owned ...

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29 May

Is EQT Back? Jump in Northeast Samples Points to Return

Posted by: East Daley Analytics

Comments: 0

Leading gas producer EQT appears to be restoring ~1 Bcf/d of production the operator first shuttered back in February. We expect the development to ...

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24 May

Start of TMX Raises the Ante for a Sour Barrel

Posted by: East Daley Analytics

Comments: 0

The much-anticipated start of the Trans Mountain expansion (TMX) became a reality on May 1, adding 590 Mb/d of egress capacity from Western Canada. ...

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23 May

Coal Conversion Supports New Gas Demand

Posted by: East Daley Analytics

Comments: 0

Enbridge (ENB) plans to expand the Eastern Tennessee Natural Gas (ETNG) pipeline to meet new power generation demand in the Southeast region. The ...

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22 May

M&A Exerts a Gravity on Permian Rig Counts

Posted by: East Daley Analytics

Comments: 0

Like a force of gravity, upstream dealmaking is steadily pulling rig counts lower in the Permian Basin. Drilling activity is well below recent highs ...

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21 May