Pinnacle Midstream founder Greg Sargent is confident in the Permian Basin and the industry’s ability to “conform and prosper as we always have” to new conditions and regulations.
Following a flurry of big-name consolidation and a prolonged period of regulatory revision, operators are adapting to the new norm. But while production is expected to remain steady, rigs are rare.
Private-equity firms have billions in dry powder; the only question is timing.
New waves of U.S. LNG capacity may go flat as the worldwide market for the fuel becomes well-supplied.
The midstream rides to the rescue with new capacity and interconnections for crude oil, natural gas and petroleum products.
Out-of-favor independents may look good again as a contrarian mood emerges—but many considerations weigh on the sector.
Shale has relegated peak oil supply concerns to the dustbin of history; now worries are focused on the potential for peak demand.
Some overshot is expected, but then a whole new set of pipes may be needed.
Regulators side with producers over midstream but voice concerns over waste.
Major commodity exchange to begin trading as billion of new capital pour in.
