Energy Transfer, Matador Strike Deal to Boost Permian Gas Prices Ahead of Pipeline Startup
New agreements aim to improve Permian gas pricing before the Hugh Brinson Pipeline enters service.
New agreements aim to improve Permian gas pricing before the Hugh Brinson Pipeline enters service.
A Permian Basin field trial demonstrated a new H₂S treatment process capable of removing more than 99% of H₂S while addressing operational challenges associated with sour gas production and processing.
Natural gas prices at the Waha Hub climbed to their highest level in months as pipeline maintenance winds down and traders watch for relief from persistent Permian Basin bottlenecks.
Texas is set to dominate new U.S. natural gas pipeline construction through 2027 as developers expand takeaway capacity from the Permian Basin to LNG export terminals and major demand markets.
ClearSign Technologies received an order for its M1 burner technology to be installed in a new heater at a West Texas gas processing facility.
Devon Energy acquired 16,300 net undeveloped acres in New Mexico’s Delaware Basin for $2.6 billion, expanding its position in the core of the Permian.
Kinetik reached FID on the 300 million cubic feet per day Kings Landing II gas processing plant in New Mexico, expanding its Northern Delaware Basin processing footprint as producer activity continues to grow.
Phillips 66 is moving forward with the Midland Express Pipeline, the Zeus Gas Plant in the Permian Basin and a new Gulf Coast fractionator as part of a broader midstream expansion plan targeting rising natural gas and NGL volumes.
Summit Midstream said shipper commitments continue rising on the Double E Pipeline as the company evaluates a potential expansion project tied to growing Permian gas demand.
U.S. natural gas futures climbed to a six-week high as Freeport LNG restarted a liquefaction train while Permian pipeline constraints kept Waha prices negative.
ONEOK said the 440,000-bpd BridgeTex crude pipeline connecting the Permian Basin to the Gulf Coast has returned to service after a temporary outage caused by a leak.
Targa Resources plans to expand its Delaware Express NGL Pipeline and build two new Permian gas processing plants as transport volumes continue rising.
Western Midstream is acquiring Brazos Delaware in a $1.6 billion deal that adds 900 miles of pipeline and expands its Delaware Basin gathering and processing footprint.
Energy Transfer raised its 2026 EBITDA outlook after posting record crude oil, NGL and export volumes, while advancing major pipeline and power-generation projects.
Pipeline constraints and new LNG capacity are expected to shape U.S. natural gas markets this summer, as demand from power generation and exports continues to grow.
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