Diamondback’s Rattler Midstream Acquires $104 Million Stake in Midland Basin JV

Rattler Midstream acquired a minority interest in a gas gathering and processing JV servicing the Midland Basin where Diamondback Energy is deploying a majority of its development capital.

Piñon Midstream’s Dark Horse Begins Treating Sour Gas in Permian's Delaware

Dark Horse “is open for business,” said Piñon President Steven Green.

New NGL Super-System Launches Serving Permian, Eagle Ford Producers

EPIC Y-Grade LP has completed its 165-mile pipeline from the EPIC Robstown, Texas, fractionation complex, to the Sweeny fractionation and storage complex, which includes Phillips 66 and Chevron Phillips Chemical, the company said on Oct. 5.

Midstream Earnings: Strong Quarterly Results with Promising Outlook

Companies have dedicated themselves to free cash flow and capital discipline, and investors approve.

Energy Transfer Reports Higher Earnings, Reduced Debt

Energy Transfer also provided an update on its acquisition of Enable Midstream, which is currently waiting on approval by regulators.

In Midland Basin, it’s Growth O’clock

Pinnacle Midstream II LLC’s Dos Picos processing plant will respond to increased gas production in the short term, but the world is expected to demand even more over the long term.

Magellan Midstream Oil Transport Revenues Drop as Demand Slides

Magellan Midstream Partners LP reported a drop on July 29 in its second quarter crude transportation and terminals revenue, hit by lower fees for its services and a decline in storage demand.

Experts: Midstream M&A Primed to Take Off

DUG Permian panelists acknowledge the challenges posed by ESG and climate concerns in the post-COVID finance environment, but expect cheap debt and higher valuations to push midstream deals forward.

Pinnacle Midstream Finalizes Development of Midland Basin Gas Processing Complex

Construction of the gas processing facility in Midland County, Texas, initiates Phase II development of Pinnacle Midstream’s Dos Picos System in the Midland Basin.

New Fortress Energy Commences Operations in Baja California Sur

New Fortress Energy Inc. has begun commercial operations at its LNG terminal in the port of Pichilingue, Baja California Sur, Mexico and will host an event featuring state and local officials at the terminal on July 16.