Pinnacle Midstream founder Greg Sargent is confident in the Permian Basin and the industry’s ability to “conform and prosper as we always have” to new conditions and regulations.
Following a flurry of big-name consolidation and a prolonged period of regulatory revision, operators are adapting to the new norm. But while production is expected to remain steady, rigs are rare.
Private-equity firms have billions in dry powder; the only question is timing.
New waves of U.S. LNG capacity may go flat as the worldwide market for the fuel becomes well-supplied.
The midstream rides to the rescue with new capacity and interconnections for crude oil, natural gas and petroleum products.
Out-of-favor independents may look good again as a contrarian mood emerges—but many considerations weigh on the sector.
Shale has relegated peak oil supply concerns to the dustbin of history; now worries are focused on the potential for peak demand.
Regulators side with producers over midstream but voice concerns over waste.
Some overshot is expected, but then a whole new set of pipes may be needed.
Major commodity exchange to begin trading as billion of new capital pour in.
