The midstream dropdown is expected to push Noble's divestiture proceeds year-to-date to more than $2 billion--well above the company's $1 billion goal, a RBC analyst says.
North American natural gas hub prices were mixed in Tuesday's trading.
Agreement with ONEOK allows EnLink to optimize its value chain from supply-rich STACK and Merge plays to growing Gulf Coast demand markets.
BP could sell Pinnacle Midstream for $300M, sources estimate.
New sanctions on Russian energy projects proposed by the U.S. Senate are aimed at boosting LNG exports from the U.S. to Europe, an official from Gazprom was quoted as saying.
H2O Midstream's acquisition is concurrent with the execution of an acreage dedication based midstream water services agreement with Encana for a portion of its Permian Basin position.
A federal judge ordered the U.S. Army Corps of Engineers to reconsider its environmental review of the Dakota Access Pipeline, opening up the possibility that the line could be shut at a later date.
Stratas Advisors’ Haas says that downstream crack spreads make exports a good outlet for U.S. production growth.
The JV pushes the value of WPX’s oil and gas infrastructure to $863 million and gives its long-term Delaware development a ‘competitive advantage,’ CEO Muncrief says.
Three midstream operators in the Delaware follow their buying spree by building up assets.