Is that confetti raining from the sky? No, that would be a blizzard of 1Q earnings reports from our oil and gas producer friends commiserating sub-zero natural gas prices, and our midstream friends largely making hay....
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It was a year to the month last May that Aaron Milford took the reins as CEO of Tulsa-based Magellan Midstream and its 9,800 miles of refined products pipelines, 2,200 miles of crude oil pipe, 56 terminals, and 39 MMbls of storage. ...
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Boosting capacity amid record volumes has been thematic this year for midstreamers operating in the nation’s richest basins but change whispers on the wind as expected declines in production threaten to upend gains in the second half. ...
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There’s nothing like an industry mega-deal to energize us oil and gas folks and Sunday’s announcement from Tulsa-based ONEOK is no exception. It’s also one of the more interesting acquisitions to come along in a while....
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One could describe Dallas-based Energy Transfer as a Swiss Army Knife of midstream services, and they wouldn’t be wrong. With 120,000 miles of pipeline systems and operations that span 41 states, ET is the largest of the nation’s energy infrastructure machines with tentacles in crude oil, refined products, natural gas, and NGLs. ...
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