The Latest

Whitecap Sells Stakes in Gas Processing Plants in Two Deals

In separate deals, WhiteCap Resources sold gas processing assets to Topaz Energy and Pembina Pipeline—a move that strengthens Pembina’s Western Alberta position, an analyst said.

FERC Filings Indicate Plaquemines LNG is Ready to Commission

Kinder Morgan has requested a tariff for natural gas delivery to the new Plaquemines LNG facility.

Chemex Agrees to FEED Contract for Verde’s NatGas-to-gasoline Plant

Verde said the project will be located in Martin County, Texas. Completion of Chemex’s FEED work is anticipated in early 2025.

Permian Takeaways: Rebuilding the Most Prolific Paradigm in the US

Midstream companies and E&Ps may have different priorities, but continued pipeline development is crucial for the basin’s future.

Energy Transfer to Buy Permian Midstream Player WTG for $3.25B

Energy Transfer has agreed to purchase WTG Midstream Holdings’ assets, including Midland Basin core infrastructure, from Diamondback Energy, Stonepeak and the Davis Estate in a cash and stock deal.

Developer Seeks Permit to Send US Gas to Mexico for LNG Exports

The project is the latest in a series of developments to convert U.S. gas into LNG and export it from Mexico's Atlantic and Pacific coasts to meet global demand.

BPX Looks to Ramp US Production Over 60% by 2030

BPX Energy is looking to boost its U.S. production over 60% by 2030 as it considers bringing online a fourth processing facility in the Permian by mid-year 2025, Clark Edwards, the company’s vice president of development, said during SUPER DUG in Fort Worth.

LM Energy to Expand Gas Gathering System in the Delaware

LM Energy is building new compressor stations and adding 70 miles of pipeline in the Delaware Basin.  

Kinetik Launches Delaware Basin M&A Valued at $1.3B

Kinetik Holdings will buy Durango Permian infrastructure for $765 million, excluding contingency payments, and sell its interests in the Gulf Coast Express pipeline to AcrLight Capital Partners for $540 million.

Antero Midstream Buys Summit Midstream Assets in $70M Deal

The deal by Antero Midstream strengthens Antero Resources’ gathering and compression in Marcellus Shale.