Midstream

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…

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…

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…

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…

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…

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…

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…

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…

Rising natural gas gathering volumes in the Haynesville and Eagle Ford shales boosted the bottom line during the second quarter for Kinder Morgan Inc., which is now looking to grow its supplies for U.S. LNG exports. Gas gathering volumes during 2Q2022 were up 12% year/year, led by a 15% increase in Haynesville volumes and a…