Subscribe  Log in | Register | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Licensing rounds
Search
Related Articles
Iran casts shadow over Kurdish gas aspirations
The Kurdistan region is facing political and military challenges as efforts to appoint a government in Baghdad descend further into chaos
EnBW and Ineos deals see Europe close its LNG term contract gap with Asia
The continent’s post-Ukraine agreements are still less than Asian buyers and portfolio players
Supply blows rock European gas market
Russian reductions compound US LNG outage as continent seeks relief in the short and longer term
Woodside plans post-BHP expansion
The Australian firm is now one of the world’s largest independent oil and gas players
Ballymore FID no herald of GoM renaissance
Forecasts are for moderate growth rather than a development bonanza fuelled by high oil prices
Licensing round June update
The industry's most comprehensive list of current and recent rounds for onshore and offshore licences
Japex plans US shale investments
Japanese explorer sees opportunities to expand its footprint
US shale producer reabsorbs pipeline subsidiary
Diamondback’s reversal of its midstream spin-off may reflect expectations of no new US oil boom
Ups and downs in Alaska
Project-specific squabble and the Biden administration’s chillier attitude to oil and gas collide with high prices and oil supply security concerns
LNG short-term liquidity goes into reverse
Spot and short-term LNG trading have fallen sharply as concerns over price volatility and supply security make term contracts more attractive, says importers’ group Giignl
A surge in US output is unlikely despite current prices
US Shale
Peter Ramsay
Editor-in-chief
17 May 2022
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

US shale producer reabsorbs pipeline subsidiary

Diamondback’s reversal of its midstream spin-off may reflect expectations of no new US oil boom

US independent Diamondback Energy was saying as recently as early May that Rattler, the listed midstream subsidiary its parent took public in 2019, had “interests fully aligned with upstream operations” and remained a “vehicle for participation in non-upstream investment opportunities such as long-haul pipelines”. Just a fortnight later, the firm announced an all-share agreement to take the outstanding 26pc of Rattler fully back into Diamondback ownership.  “The energy landscape has transformed dramatically since Rattler was taken public in 2019, and we believe this agreement to merge companies is in the best interests of both Diamondback and Rattler stakeholders,” says Diamondback CEO Travi

Welcome to the PE Media Network

PE Media Network publishes Petroleum Economist, Hydrogen Economist and Transition Economist to form the only genuinely comprehensive intelligence service covering the global energy industry

 

Already registered?
Click here to log in
Subscribe now
to get full access
Register now
for a free trial
Any questions?
Contact us

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
LNG NL ‘perfectly positioned’ for a future of high politics and low carbon
1 July 2022
The proposed East Coast liquefaction terminal is trumpeting a number of advantages over competing schemes
Colombia’s oil and gas sector faces political headwinds
1 July 2022
The incoming president has publicly stated his condemnation of the country’s fossil fuels sector, but energy security may force a rethink
Letter from Beijing: Refiners hoping for summer rebound
Opinion
30 June 2022
Easing of Covid restrictions looks set to lead to surge in domestic travel
South Africa and Mozambique pre-empt pipeline stake sale
30 June 2022
The African neighbours plan greater gas supply cooperation

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
  • Twitter
Tweets by Petroleum Economist
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2022 The Petroleum Economist Ltd
Cookie Settings
;

Search