Sandy
Segrist
Hart Energy
ONEOK’s EnLink/Medallion Deal is Market-wise, Financially Astute
In addition to bolstering its multi-basin network, ONEOK pulled off a $5.9 billion transaction while leaving its credit rating intact.
Vivakor Closes Acquisition of Permian, Eagle Ford Crude Logistics
Vivakor purchased Endeavor Crude and related companies, which have a series of long-term strategic partnerships with customers in the Permian Basin, Eagle Ford Shale and Oklahoma’s STACK play.
Summit Midstream Acquires Tall Oak Midstream III in $450MM Deal
The acquisition of Tall Oak Midstream III balances Summit Midstream’s crude and natural gas commodity exposure in preparation for high natural gas demand in the coming years, Summit Midstream CEO Heath Deneke said.
Energy Transfer Leads the Midstream Consolidation Flow
Energy Transfer co-CEOs discuss pipeline pain points, needed M&A, regulatory woes and much more in this Midstream Business exclusive.
EIA Reports Natural Gas Storage Jumped 58 Bcf
The weekly storage report, released Sept. 19, showed a 58 Bcf increase from the week before, missing consensus market expectations of 53 Bcf, according to East Daley Analytics.
Methanex to Buy OCI Global’s Methanol Business in $2.05B Deal
The agreement includes OCI Global’s stake in two methanol production facilities in Beaumont, Texas.
‘Knife Fight’ for NGLs Driving Midstream Mergers in 2024
The latest acquisitions in the midstream sector are focusing on natural gas gathering and processing to secure a spot in the lucrative NGL market.
Voyager Midstream Buys Haynesville G&P Assets from Phillips 66
Voyager Midstream acquired about 550 miles of natural gas pipelines, 400 MMcf/d of gas processing capacity and 12,000 bbl/d of NGL production capacity.
Caliche Receives Investment from Sixth Street for Expansion of Storage Facilities
The bulk of Sixth Street’s investment is focused on Caliche’s Golden Triangle Storage project in Beaumont, Texas, and its Central Valley Gas Storage in Princeton, California.
Brazos Completes Permian G&P Plant, Announces Another
Privately held Brazos Midstream completed a 200 MMcf/d cryogenic gas processing plant in the Midland Basin and plans to build a larger gas processing plant in the second half of 2025.