Permian

Global natural gas liquids volumes are projected to rise through 2035, with North America maintaining the largest share as petrochemical demand and shale gas production support long-term growth.

Energy Transfer is exploring whether to convert a Permian NGL pipeline to natural gas service as gas demand accelerates and liquids markets soften.

Energy Transfer plans to upsize the Transwestern Desert Southwest expansion after strong open season demand, increasing pipeline capacity and reinforcing natural gas supply to fast-growing markets in Arizona and New Mexico.

Permian and Gulf Coast pipeline expansions will be essential to supplying rising U.S. LNG feedgas demand, with analysts projecting LNG demand could reach 33 billion cubic feet per day by 2030 and climb higher by mid-decade.

Efficiency gains and lower costs ensure the basin remains America’s dominant oil source for years to come.

Riley Permian has sold its New Mexico midstream subsidiary, Dovetail Midstream, to Targa Northern Delaware for $111 million, expanding Targa’s Delaware Basin footprint and freeing Riley to focus on upstream development in Eddy County.

Flows on the Matterhorn Express Pipeline suggest its expansion is in service, boosting Permian gas throughput and easing bottlenecks across the network.

USA Compression will acquire J-W Power Company in an $860 million deal, expanding its compression fleet to 4.4 million horsepower and strengthening its footprint across key U.S. basins.

Targa Resources is acquiring Stakeholder Midstream for $1.25 billion, adding 480 miles of Permian gas pipelines and expanding its sour-gas treating and carbon-capture operations. The deal strengthens Targa’s Permian position and adds $200 million in annual free cash flow.

WhiteWater has expanded its Eiger Express Pipeline project, upsizing the Permian-to-Katy line from 42 to 48 inches and boosting capacity to 3.7 Bcf/d. Backed by the Matterhorn JV, ONEOK, MPLX and Enbridge, the project strengthens long-haul gas takeaway to Gulf Coast and LNG export markets while remaining on track for a mid-2028 in-service date.

Permian drilling activity is falling as $60 oil forces operators to idle rigs, cut crews, and slow spending, raising concerns about future production growth.

Enterprise and ExxonMobil will boost the Bahia NGL pipeline to 1 million bpd and build a 92-mile New Mexico extension serving the Permian Basin under a new joint-interest agreement expected to close in early 2026.

LandBridge signed a long-term lease with ONEOK for a Permian gas processing site and added roughly 37,500 acres to support produced-water and midstream projects across West Texas, boosting surface-use royalties and project activity.

bp agreed to sell a $1.5 billion minority stake in its Permian and Eagle Ford midstream assets to Sixth Street, while retaining operatorship and majority ownership. The deal supports bp’s plan to raise $20 billion through divestments by 2027.

The Railroad Commission of Texas (RRC) has issued more than $1 million in fines to oil, gas, and pipeline operators for regulatory violations, underscoring its continued focus on compliance, safety, and environmental protection across the state’s energy infrastructure.