Coterra Rides Permian Consolidation Wave

(East Daley Analytics, 22.Nov.2024) — Coterra Energy (CTRA) is expanding its foothold in the northern Delaware Basin, acquiring assets of Franklin Mountain Energy and Avant Natural Resources in separate agreements valued at $3.95bn. The two deals could put up to 4 rigs in play for midstream companies serving the producers, […]

Midstreamer Bucks the Haynesville Slump

(East Daley, 5.Nov.2024) — Haynesville production has fallen over 3 Bcf/d so far in 2024 in a weak natural gas market, dragging volumes down on many of the largest gathering systems. But DT Midstream (DTM) so far has resisted the Haynesville slump and is looking ahead to a new expansion […]

New Projects to Open Bakken NGL Markets

(East Daley, 20.Sep.2024) — The Permian and Williston basins are both constrained by inadequate gas pipeline egress. Yet when it comes to managing the associated ethane, that’s where the similarities end – Permian ethane is valued as a purity product, and Bakken supply plays second fiddle. Market dynamics are likely to […]

Cooldown Cargo Advances Next LNG Project: East Daley

(East Daley, 13.Sept.2024) — As the industry cleans up from Hurricane Francine, East Daley is watching Plaquemines LNG closely in southeastern Louisiana. Venture Global recently received its first LNG vessel – only this ship docked to deliver LNG, rather than export it. The company is using a cooldown cargo instead […]