Gathering & Processing

Crude Oil , Storage , Gathering & Processing , Pipelines

Plains’ Cushing Terminal to Become WTI Delivery Point

The change will take effect November 8, 2021 for the February 2022 contract month, pending regulatory review.

October 21, 2021

Shale Plays , Acquisitions & Divestitures , Joint Ventures , Gathering & Processing

Diamondback’s Rattler Midstream Acquires $104 Million Stake in Midland Basin JV

Rattler Midstream acquired a minority interest in a gas gathering and processing JV servicing the Midland Basin where Diamondback Energy is deploying a majority of its development capital.

October 15, 2021

Energy Transition , Gathering & Processing

Piñon Midstream’s Dark Horse Begins Treating Sour Gas in Permian's Delaware

Dark Horse “is open for business,” said Piñon President Steven Green.

October 13, 2021

Shale Plays , Gathering & Processing , Construction , Pipelines

New NGL Super-System Launches Serving Permian, Eagle Ford Producers

EPIC Y-Grade LP has completed its 165-mile pipeline from the EPIC Robstown, Texas, fractionation complex, to the Sweeny fractionation and storage complex, which includes Phillips 66 and Chevron Phillips Chemical, the company said on Oct. 5.

October 6, 2021

Earnings , Midstream , Storage , Gathering & Processing , Pipelines

Midstream Earnings: Strong Quarterly Results with Promising Outlook

Companies have dedicated themselves to free cash flow and capital discipline, and investors approve.

August 17, 2021

Earnings , Midstream , Gathering & Processing , Pipelines

Energy Transfer Reports Higher Earnings, Reduced Debt

Energy Transfer also provided an update on its acquisition of Enable Midstream, which is currently waiting on approval by regulators.

August 4, 2021

Private Equity , Investment , Natural Gas , Shale Plays , Gathering & Processing , Construction

In Midland Basin, it’s Growth O’clock

Pinnacle Midstream II LLC’s Dos Picos processing plant will respond to increased gas production in the short term, but the world is expected to demand even more over the long term.

August 3, 2021

Earnings , Storage , Gathering & Processing , Pipelines

Magellan Midstream Oil Transport Revenues Drop as Demand Slides

Magellan Midstream Partners LP reported a drop on July 29 in its second quarter crude transportation and terminals revenue, hit by lower fees for its services and a decline in storage demand.

July 30, 2021

Public Capital , Private Equity , Investment , DUG Permian , DUG Eagle Ford , Midstream Texas , Mergers , Midstream , Gathering & Processing

Experts: Midstream M&A Primed to Take Off

DUG Permian panelists acknowledge the challenges posed by ESG and climate concerns in the post-COVID finance environment, but expect cheap debt and higher valuations to push midstream deals forward.

July 27, 2021

Shale Plays , Gathering & Processing , Construction

Pinnacle Midstream Finalizes Development of Midland Basin Gas Processing Complex

Construction of the gas processing facility in Midland County, Texas, initiates Phase II development of Pinnacle Midstream’s Dos Picos System in the Midland Basin.

July 22, 2021