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Surface water constraints have already led Permian operators to reuse flowback and produced water, which is leading to cost savings.
Analysts with Tudor, Pickering, Holt & Co. believe the rumored sale by Occidental of only half of Anadarko’s interest in Western Midstream could indicate a limited pool of buyers.
UGI Energy Services agreed to pay TC Energy roughly $1.3 billion for its Columbia Midstream Group subsidiary that owns Appalachia gas gathering and processing assets.