East Daley Analytics – Dissecting the Energy Value Chain
Energy Insights and News

EQT-Equitrans Merger Heralds Asset Sales Ahead

Comments: 0
Leading US producer EQT will acquire Equitrans Midstream (ETRN) for $5.5B in stock. The merger will create a vertically integrated Northeast gas ...
Read

Enbridge Solidifies Lead for Corpus Christi Exports

Comments: 0
Enbridge (ENB) is solidifying its position as the leading service provider for crude oil exports from Corpus Christi. The company will expand its ...
Read

TC Energy Sells Portland Pipe, Chips Away at Sales Goal

Comments: 0
TC Energy (TRP) has reached a deal to sell the Portland Natural Gas Transmission System (PNGTS) for US$1.14B, moving the company closer to its $3B ...
Read

The Channel That Never Sleeps

Comments: 0
The Houston Ship Channel (HSC) is working around the clock to keep liquefied petroleum gas (LPG) cargoes moving, thanks to a recent change in local ...
Read

The Houston–Midland Spread is Ready to Blow

Comments: 0
The crude oil price spread from Midland to the Magellan East Houston (MEH) market is primed to significantly widen later in 2024 and 2025, according ...
Read

ETRN Volumes Fall as EQT Shuts 1 Bcf/d of Production

Comments: 0
Leading Appalachian producer EQT has shut-in ~1 Bcf/d of natural gas production in response to low prices. Equitrans Midstream (ETRN) is bearing the ...
Read

Canadian Supply Growth Pushes More Gas into US

Comments: 0
Producers in Western Canada are expanding output ahead of the country’s first major LNG project, pushing more natural gas into the US and adding to a ...
Read

Chord, Enerplus Plan a Bakken Super-Merger

Comments: 0
Chord Energy (CHRD) and Enerplus (ERF) plan to merge in an $11B transaction, creating an E&P focused on Bakken oil development. Several midstream ...
Read

Chesapeake Puts 1 Bcf/d of Production on Hold

Comments: 0
Chesapeake Energy (CHK) will pull back on drilling and starting new wells in response to low natural gas prices. CHK is one of several producers ...
Read

Midstream Spends $10B on Gas Projects in 2024: CAPEX Dashboard

Comments: 0
Energy companies plan to spend the lion’s share of midstream budgets on natural gas this year, investing over $10B to upgrade and expand gas ...
Read