Enlink

Higher commodity prices are driving double-digit natural gas volume growth in the Permian Basin for EnLink Midstream LLC, but the turnaround in Oklahoma production is “perhaps the most impressive,” according to management. “The volume story out of Oklahoma continues to brighten as producers have responded to the improved pricing environment,” said EnLink COO Ben Lamb…

A consortium of oil and natural gas firms is moving forward with plans to develop a greenfield 2.5 Bcf/d intrastate natural gas pipeline from the Permian Basin in West Texas to the Katy area, near Houston. The project still needs state approvals. Sanctioning of the Matterhorn Express Pipeline was announced Thursday by partners WhiteWater Midstream…

Although nearly three-quarters of EnLink Midstream LLC’s 2020 capital expenditures (capex) budget is earmarked for projects in the Permian Basin, a significant portion of projected earnings is expected from Oklahoma, a supply basin often called into question for its returns on investment.

Although nearly three-quarters of EnLink Midstream LLC’s 2020 capital expenditures (capex) budget is earmarked for projects in the Permian Basin, a significant portion of projected earnings is expected from Oklahoma, a supply basin often called into question for its returns on investment.

FERC granted orders for two crude oil expansion projects in the Permian Basin proposed by subsidiaries of EnLink Midstream LLC, but denied an order to a unit of Enterprise Products Partners LP for a similar expansion on concerns with that project’s open season.

Dallas-based EnLink Midstream Partners LP is joining the wave of midstream companies aiming to ease some of the infrastructure constraints along the Gulf Coast, including one project to expand takeaway capacity from the Mont Belvieu natural gas liquids (NGL) hub near Houston.

EnLink Midstream on Monday announced plans to simplify its corporate structure, the latest in a wave of similar deals among midstream master limited partnerships (MLP) after changes to FERC’s tax policy made the MLP structure less beneficial for pipeline operators.

Devon Energy Corp. has clinched an agreement to sell its ownership in EnLink Midstream, which it controls, to an affiliate of Global Infrastructure Partners (GIP) for $3.125 billion.

EnLink Midstream, the Devon Energy Corp.-controlled natural gas gathering and transportation partnership, is forecasting a ramp-up in Midcontinent volumes in anticipation of increased producer activity in the region in 2017.