The Daley Note | Natural Gas Liquids (7)

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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16 May

Price Curve Misses Ethane Export Surge

Posted by: East Daley Analytics

Comments: 0

Global demand for plastics continues to rapidly change US ethane markets in a way that is not reflected in the forward price curve. Most ethane ...

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9 May

Big Ethane Contracts Scramble the NGL Outlook

Posted by: East Daley Analytics

Comments: 0

It may have flown under the radar of some investors, but Enterprise Products (EPD) has thrown a wrench into NGL markets. The midstream company ...

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1 May

A Multi-tool Pipe has Enterprise Ready for the Unexpected

Posted by: East Daley Analytics

Comments: 0

Enterprise Products (EPD) plans to convert its Seminole Pipeline back to crude oil service next year, the latest flex by EPD for the multi-use ...

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26 Apr

Need a Permian Update? Targa Could Spill the Tea

Posted by: East Daley Analytics

Comments: 0

We’re optimistic about Targa Resources (TRGP) and expect the company to post healthy earnings growth in 1Q24 and the year ahead. In the big picture, ...

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25 Apr

Waha Pain is Ethane’s Gain as Gas Goes Negative

Posted by: East Daley Analytics

Comments: 0

Natural gas prices have been hammered recently in the Permian Basin, routinely trading below zero since March as pipelines conduct seasonal ...

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17 Apr

Wet and Wild: DeLa Express Brings NGLs to Doorstep of Gulf Coast Fracs

Posted by: East Daley Analytics

Comments: 0

Moss Lake Partners has surprised the market with its DeLa Express pipeline to move Permian natural gas to Port Arthur, TX and Cameron Parish, LA ...

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5 Apr

A Dark Horse for NGL Upside in 2024

Posted by: East Daley Analytics

Comments: 0

The Permian Basin will drive new NGL supply growth in 2024, as East Daley Analytics highlighted in our recent 1Q24 NGL webinar. Yet it may come as a ...

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2 Apr

The Second Coming of GC Fractionator

Posted by: East Daley Analytics

Comments: 0

A frac is risen in southeastern Texas. The imminent restart of Gulf Coast Fractionator (GCF) says a lot about the state of NGL markets and a fairly ...

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28 Mar