The Daley Note | Permian (6)

Matterhorn is Great for Commodities – Except One

Posted by: East Daley Analytics

Comments: 0

NGLs have had the pole position on hydrocarbon growth in 2024, due largely to incentives to extract ethane from the egress-constrained Permian Basin. ...

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4 Sep

$3.3B EnLink Deal Moves the Needle for ONEOK

Posted by: East Daley Analytics

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ONEOK (OKE) is acquiring EnLink Midstream (ENLC) for $3.3B. The purchase will move the needle in several ways for the company: ENLC assets will ...

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29 Aug

Pipes, Plant Expansions Support Next Permian Growth Phase

Posted by: East Daley Analytics

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East Daley Analytics sees Permian Basin gas production growing around 1.7 Bcf/d by YE24 as egress constraints are relieved by new pipelines coming ...

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28 Aug

Enterprise Buys Pinon Assets, Makes Play for Delaware Sour Gas

Posted by: East Daley Analytics

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Enterprise Products (EPD) has agreed to purchase sour gas gathering and treating infrastructure from Pinon Midstream for $950MM in cash. The deal ...

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27 Aug

One Simple Trick to Solve ONEOK Contracting Risk

Posted by: East Daley Analytics

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ONEOK (OKE) faces a big contract cliff in 2028 on West Texas NGL, the company’s NGL pipeline system in the Permian Basin. The company can mitigate ...

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23 Aug

Get Ready for the Permian Redirect

Posted by: East Daley Analytics

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Operators in the Permian will soon have options for their natural gas. The start-up of Matterhorn Express Pipeline will have big impacts on gas flows ...

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20 Aug

Pinnacle Deal Lowers Volume Risk for PSX, Sand Hills Pipeline

Posted by: East Daley Analytics

Comments: 0

While the Permian NGL sector is in expansion mode, Phillips 66 (PSX) is one of the few companies not building new pipeline capacity. The emerging ...

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13 Aug

Permian NGL Dynamic Ready to Flip, Leaving Some Behind

Posted by: East Daley Analytics

Comments: 0

NGL takeaway capacity is extremely tight right now from the Permian Basin, but that dynamic is about to change. Almost 1.2 MMb/d of pipeline capacity ...

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7 Aug