Articles tagged Ngl

Multi-basin independent Gulfport Energy Corp., whose Lower 48 portfolio is 92% weighted to natural gas, is holding production flat to wait for stronger prices into 2025.

As Permian Basin natural gas volumes continue to exceed expectations and drive record activity, Enterprise Products Partners LP has sanctioned a natural gas liquids (NGL) expansion to meet customers’ growing appetite for export capacity, executives said Tuesday.

Management for Range Resources Corp. said hedging strategically and capturing more favorable liquids prices would help navigate the volatile natural gas market as the exploration and production firm holds production steady through the end of the year.

Phillips 66 agreed to acquire Pinnacle Midland Parent LLC in an all-cash deal that would expand its natural gas gathering and processing operations in West Texas.

Targa Resources Corp. is moving forward with two major projects based on its outlook for increasing Permian Basin natural gas production and resulting natural gas liquids (NGL) supply growth.

Midstreamer Oneok Inc. hopes to reach a final investment decision (FID) on its proposed 2.8 Bcf/d Saguaro Connector natural gas pipeline later this year.

Natural gas midstream company Oneok Inc. on Monday announced that it has agreed to purchase Magellan Midstream Partners LP for $18.8 billion, giving the Tulsa-based firm entry into the transportation of crude oil and refined products.

Williams capitalized on heightened natural gas price volatility and recorded all-time high gathering volumes during the first quarter, countering the unfavorable impacts of a harsh winter on its gathering system in the West.

Enterprise Product Partners LP has $3.6 billion of assets scheduled to begin commercial operations this year to expand natural gas, liquids and crude oil systems across the United States, with almost $2 billion more rolling off the boards through 2025, executives said Wednesday.

Outrigger Energy II LLC has completed the sale of its midstream system in Weld County, CO, to Summit Midstream Partners LP.