The Latest

East Daley: Deals Continue ONEOK’s Climb to Midstream Elite

Mergers with EnLink and Medallion lift the company into the ranks of Energy Transfer and Enterprise Products Partners.

EOG Greenlights Second Rig to Ohio Utica Oil Wildcatting

EOG Resources has put 25 modern stimulated horizontals to date in the oily Utica fairway in eastern Ohio with one rig and IPs of up to 3,250 boe/d, 70% oil and 85% liquids.

CEO: Range Passes On M&A Fervor For Now: ‘We Didn’t Have To’

While the rest of the E&P sector bought, merged and consolidated, Range Resources sat on the sidelines in Appalachia because it already has plenty of drilling inventory, CEO Dennis Degner says.

OPEC Outlook: US Shale Oil Volumes to Hit 16.7 MMbbl/d by 2030

The head of OPEC’s energy studies warned that failure to invest in oil production could lead to a global energy crisis as early as 2035.

Analysts: A Growing Bakken Will Require a Stronger Pipeline Network

East Daley looks at potential courses as the basin continues to increase production.

Record NGL Volumes Earn Targa $1.07B in Profits in 3Q

Targa Resources reported record NGL transportation and fractionation volumes in the Permian Basin, where associated natural gas production continues to rise.

Global Partners Closes on Liquids Terminal Deal with Exxon

Global Partners’ newly acquired Rhode Island liquids terminal adds gasoline infrastructure to its portfolio.

Enbridge Among Growing List of Earnings Boosted by Acquisitions

Enbridge’s utilities acquisitions and gas transport growth helped to drive earnings in the third quarter.

ONEOK’s Acquisitions Pay Off with Increased Earnings

ONEOK Inc. also announced the completion of its $2.6 billion Medallion Midstream deal.

As US Ethane Production Soars to Record High, Low Prices Expected

Tied to natural gas production, which has suffered from weak demand, ethane is also headed for bearish prices, according to an analyst.