DT Midstream Inc. (DTM) has inked a deal to acquire an additional 26.25% stake in the Millennium Pipeline Co. LLC., a natural gas system, for about $552 million. The 263-mile conduit, which entered service in 2008, delivers natural gas from the Marcellus and Utica shales to utility and power plant markets across New York and…
Takeaway
Articles from Takeaway

Phillips 66 Seeking to Expand Gray Oak Southbound Crude Service from Permian
Phillips 66 Partners is launching an open season Tuesday to gauge interest in additional crude oil transportation capacity from the Permian Basin to South Texas. The new takeaway capacity along the Gray Oak Pipeline would terminate in Victoria, 85 miles northeast of Corpus Christi. In-service is targeted in the first half of 2022. The 850-mile…

Pent-Up Permian Natural Gas Ramps Up with Gulf Coast Express
Kinder Morgan Inc. (KMI) ramped full operation of the 2 Bcf/d Gulf Coast Express (GCX) natural gas pipeline on Wednesday, unleashing long-stranded supply from the Permian Basin.
With Chevron Backing, Enterprise to Expand Permian Oil Transport, Build Offshore Terminal
In long-term agreements with Chevron Corp., Enterprise Products Partners on Tuesday agreed to provide more Permian Basin oil takeaway, and it pulled the trigger on a Texas offshore oil terminal.
EOG CEO Expecting ‘More Subdued’ Permian Growth
EOG Resources Inc. CEO Bill Thomas said he believes takeaway issues in the Permian Basin will cause growth to slow temporarily, and the slower pace of development should help ensure that commodity prices don’t collapse.

Appalachia, Permian Natural Gas Constraints Looming Over Projected E&P Forecasts
U.S. natural gas producers are guiding toward 4.2 Bcf/d in output gains this year versus 2017, based on a survey of 50 of the largest onshore operators, but the biggest question is whether there will be enough takeaway capacity in the country’s two largest producing regions.

Pioneer Touts Takeaway Security for Permian Oil, Natural Gas
Pioneer Natural Resources Co. is working to assuage investor concerns about Permian Basin pipeline constraints, noting that oil contracts to the Gulf Coast have insulated the company from price differentials, while three-quarters of its natural gas production is under firm contract to sell in Southern California.

Appalachian E&Ps Searching for More Connectivity, Lower Costs on Infrastructure Build-Out
With a bevy of larger Appalachian infrastructure projects slated to come online over the next three years to help move out nearly 20 Bcf/d, the midstream sector’s next challenge could be connecting them to more production fields in-basin, executives said last week at an industry conference in Pittsburgh.
Pipeline Expansions Outpacing Production Forecast, Means Upside for Northeast Supply, Say Analysts
The current slate of Marcellus and Utica shale takeaway expansions exceeds expected supply growth, a dynamic that points to shrinking Appalachian basis differentials and major upside for regional production over the next few years, according to analysts with Raymond James & Associates Inc.
Plains All American Expanding Delaware Crude Takeaway in Permian
More crude oil takeaway is set to be built from the Permian Basin to Cushing, OK, following a successful open season by a subsidiary of Plains All American Pipeline LP (PAA).