The San Juan Basin extends 7,500 square miles across northwest N.M., and southwest Colo. Natural gas was first discovered here in 1921. Now a spry age of 104, it remains one of the nation’s oldest producing areas with sedimentary rock dating back to mid-Paleozoic times and a collision of supercontinents. ...

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....

Reese Energy Consulting today is following the latest from three midstreamers—one exiting a partnership, one diving into a new one, and both with MPLX front and center. ...