Midstream

Williams Natural Gas Bet Paying Off Now… and Well Into the Future?

Williams Natural Gas Bet Paying Off Now… and Well Into the Future?

Williams’ long-term natural gas focus continues to bring in the returns, according to CEO Alan Armstrong, who said strong quarterly results were attributable to the company sticking to its strategy. Speaking on a 3Q2022 conference call, Armstrong said the midstream giant’s adjusted earnings before interest, tax, depreciation and amortization (EBITDA) was up 15% compared to…

November 2, 2022
Tallgrass Turbocharging Lower 48 Natural Gas System for ‘Cleaner Energy Future’

Tallgrass Turbocharging Lower 48 Natural Gas System for ‘Cleaner Energy Future’

Tallgrass Energy Partners is set to install dozens of turboexpander systems capable of responding to variable temperatures, pressures and flow rates across its natural gas network in partnership with Sapphire Technologies Inc. and Evolve Holdings Ltd. The trio is expected to install more than 72 of Sapphire’s FreeSpin In-line turboexpanders (FIT) across the Tallgrass natural…

October 28, 2022
Kinder Morgan Touts ‘Enormous Opportunity’ for Natural Gas Exports to Mexico, World

Kinder Morgan Touts ‘Enormous Opportunity’ for Natural Gas Exports to Mexico, World

Kinder Morgan Inc. is forecasting substantial growth in U.S. natural gas exports, including to Mexico via pipeline and the global market via LNG, over the coming years.  KMI expects net U.S. natural gas exports to Mexico to reach 7 Bcf/d by 2030, up from around 6 Bcf/d in 2021, according to internal and Wood Mackenzie…

October 24, 2022
Kinder Morgan Sees U.S. LNG Demand Reaching 28 Bcf/d by 2030

Kinder Morgan Sees U.S. LNG Demand Reaching 28 Bcf/d by 2030

Kinder Morgan Inc. (KMI) expects domestic LNG export demand to more than double to 28 Bcf/d by 2030, Executive Chairman Richard Kinder said Wednesday. “Given the situation in Europe today, which will result in more long-term contracts and the continuing usage in Asia, this hyper-growth scenario actually seems pretty reasonable to me,” Kinder told analysts…

October 21, 2022
Summit Midstream Tripling Natural Gas Processing Footprint in Colorado’s DJ with $305M in Deals

Summit Midstream Tripling Natural Gas Processing Footprint in Colorado’s DJ with $305M in Deals

Summit Midstream Partners LP has agreed to acquire Outrigger DJ Midstream LLC and the operating subsidiaries of Sterling Energy Investments LLC for about $305 million total in cash to expand in Colorado. The Outrigger DJ assets in Weld County, CO, within the Denver-Julesburg (DJ) Basin, comprise a 60 MMcf/d cryogenic natural gas processing plant, about…

October 19, 2022
Manchin’s Goal to Get MVP Natural Gas Conduit Completed Facing Opposition

Manchin’s Goal to Get MVP Natural Gas Conduit Completed Facing Opposition

An overhaul of natural gas pipeline permitting by Sen. Joe Manchin (D-WV) is set to be included in a congressional spending package this week, but some House Democrats are balking at the measure to clear the path for Mountain Valley Pipeline (MVP). Stopgap spending legislation, known as a continuing resolution (CR), is likely to be…

September 12, 2022
Texas Pacific, WaterBridge Teaming Up Deep in Heart of Permian Delaware

Texas Pacific, WaterBridge Teaming Up Deep in Heart of Permian Delaware

Texas Pacific Land Corp. (TPL) and WaterBridge NDB LLC have formed an alliance that they say emphasizes sustainable oil and natural gas development across 64,000-plus acres in Reeves and Loving counties in West Texas, spanning the heart of the Permian Basin’s Delaware sub-basin. “This alliance covers a region of the Delaware Basin that offers some…

September 12, 2022
Quantum Energy Partners to Take Major Position in EQT After $5.2B Transaction

Quantum Energy Partners to Take Major Position in EQT After $5.2B Transaction

EQT Corp. said late Tuesday it would bolt-on 90,000 net acres and associated midstream assets in West Virginia in a cash and stock transaction valued at $5.2 billion. EQT, the nation’s largest natural gas producer, is acquiring upstream assets from THQ Appalachia I LLC and midstream assets from THQ XcL Holdings I LLC. Both companies…

September 7, 2022
Amid Robust Natural Gas Demand, Targa Further Ramps Up Permian Expansion

Amid Robust Natural Gas Demand, Targa Further Ramps Up Permian Expansion

Targa Resources Corp. plans to build a 275 MMcf/d natural gas processing plant in the Permian Basin, adding to a spate of projects in the prolific region aimed at meeting mounting demand — both domestically and globally. The Houston-based company is eyeing additional future projects in West Texas as well, executives said during the second…

August 8, 2022
DT Midstream Capacity on Haynesville System Leaping to 1.7 Bcf/d

DT Midstream Capacity on Haynesville System Leaping to 1.7 Bcf/d

An expansion of DT Midstream Inc.’s Louisiana Energy Access Project, or LEAP, is underway, with capacity set to climb to 1.7 Bcf/d, or by 70%. The executive team on Wednesday discussed the 150-mile, 36-inch diameter system, which now moves about 1 Bcf/d of Haynesville Shale supply in Louisiana to the Gulf Coast for industrial use…

August 5, 2022