U.S. energy pipeline operator Enterprise Products is not considering adding a new crude oil line in the Permian Basin after consolidation has concentrated output into the hands of E&Ps promising fiscal discipline.
Smaller, non-publicly owned midstream companies are moving quickly for a position in a consolidation-driven market.
The Matterhorn Express natural gas pipeline has exceeded expectations since its ramp up on Oct. 1 for deliveries to interstate systems owned by Kinder Morgan, Williams and Enbridge.
Spicewood Mineral Partners added mineral and royalties interests in the Midland and Delaware basins, operated by E&Ps including Occidental Petroleum, ConocoPhillips and BP.
Wood Mackenzie forecasts capture capacity rising to 2,450 million tons per annum (Mtpa) by 2050.
Operators can’t depend on traditional solutions to succeed on the Eastern Shelf, where drilling horizontal Strawn wells has been a decade-long iterative process.
Liberty Energy capitalized on its “competitive edge” when navigating a challenging demand environment in third-quarter 2024, CEO Chris Wright said in the company’s quarterly earnings call.
Oil and Gas Investor assembled a group of seven oil and gas executives, policy advocates and other experts to talk about what’s really at stake in the November election and the many challenges facing the energy sector, regardless of who wins.
Scott Brown, CEO of the Midland Basin’s Canes Midstream, said he believes the Permian Basin still has plenty of runway for growth and development.
Private midstream CEOs discuss the growth, opportunities and challenges that lie ahead.