Permian

U.S. natural gas prices saw a sharp selloff as rising Lower 48 production and moderating winter weather eased supply concerns, while regional pricing pressures and LNG flows added to market volatility.

Shelli Myers of WhiteWater Midstream has been elected chair of the Texas Pipeline Association, becoming the first woman to lead the nation’s largest state pipeline trade association. Myers will serve a two-year term guiding advocacy and policy priorities for Texas’ intrastate pipeline sector.

A severe winter storm forced widespread oil and gas shut-ins across the U.S., cutting crude output by as much as 2 million barrels per day and triggering freeze-related disruptions in the Permian Basin and beyond.

Western Midstream has reset Delaware Basin natural gas gathering fees, shifting to fixed-fee contracts with Occidental and adding a new ConocoPhillips agreement while redeeming common units.

Phillips 66 and Kinder Morgan have launched a second open season for the Western Gateway refined products pipeline, offering remaining capacity and expanded access to Phoenix, Las Vegas and Southern California markets.

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.