Following its analysis through the end of August, our friends at Rystad today reports U.S. oil and gas M&A this year could surpass the $155 billion chalked up in 2023. With $100 billion already on the books in 2024, and another $46 billion in assets currently up for sale, buyers and sellers still have one-third of a year to make their final selections and bring them to the checkout counter....

Back in 2020, Houston-based Piñon Midstream set out to cure a massive headache for producers in Perm Town’s most prolific eastern flank of the Delaware in N.M., and Texas—namely, the lack of infrastructure to gather and treat pervasive sour gas. Solving that problem would no doubt be a grand introduction into the nation’s hottest play. Solving another would be even grander. ...

Not quite a year ago, the market growth of natural gas liquids (NGLs) was forecast to increase by $19.62 billion in five years—that, by 2028—due to their use as feedstock to produce petrochemicals and plastics, generate heat and electricity. Despite low natural gas prices, this group of hydrocarbons has become one of the most valuable among the nation’s largest energy exports alongside natural gas and crude oil and have crowned the U.S. the world’s largest exporter as worldwide demand continues to rise....