Sunday, February 2, 2025

More NGLs in the Delaware: Martin Midstream and ONEOK Plan $200 Million Expansion

On October 23, 2017 Martin Midstream Partners (ticker: MMLP) and ONEOK (ticker: OKE) announced that the West Texas LPG Pipeline Limited Partnership joint venture (which MMLP owns 20% interest and OKE owns 80%) plans to invest approximately $200 million to expand its natural gas liquid (NGL) system into the Delaware basin. The expansion plans call for the new capacity to

YPF Betting Heavy on Shale in Plan to Invest $21.5 Billion

From Bloomberg YPF SA is counting on the Vaca Muerta shale formation to produce more than half its oil and gas by 2022, as part of a plan to invest more than $20 billion in five years. The Argentine state-run producer expects shale oil and gas output to soar by 150 percent over the next half decade, spurring an overall production