The Patch’s maturity will be tested in 2025 amid ongoing consolidation and geopolitical dissonance.
Pembina Gas Infrastructure closed a CA$420 million transaction to acquire interests in Whitecap Resources’ natural gas processing facility in Alberta, Canada.
Analysts say the gas market remains volatile as prices surpass $3.50/MMbtu at the Henry Hub for the first time in about two years.
Delek Logistics' purchase of Permian-focused Gravity Water Midstream adds more than 200 miles of permanent pipeline and 46 saltwater disposal facilities.
Despite the Uinta Basin’s recent flurry of M&A activity, Scout Energy Partners isn’t looking to sell anytime soon, said the company’s executive vice president, Juan Nevarez, at Hart Energy’s Executive Oil Conference.
The retrofit of Chevron’s Pasadena facility increases equity Permian crude processing capacity by 15%.
Macquire and Dow launch Diamond Infrastructure Solutions to service Dow manufacturing sites along the Gulf Coast in a $2.4 billion deal.
The deal includes approximately 60,000 gross operated acres dedicated by Permian Resources under long-term, fixed-fee agreements for natural gas gathering, compression and processing and crude oil gathering services, Kinetik said.
ONEOK has strengthened its NGL position in Texas, adding a fractionator and newly looped pipeline to its assets.
The Permian Basin’s associated gas output could outstrip the region’s planned capacity well before the end of the decade, pipeline company executives said.