Allstream Insiders

08/10/2026

Valero Targets Third-Quarter Startup for $230 Million St. Charles FCC Optimization.

Read:

Valero expects to complete and begin operating its $230 million St. Charles FCC optimization during the third quarter of 2026.

08/10/2026

Transocean Adds $292 Million in Firm Offshore Backlog as $1 Billion Equinor Rig Program Awaits Approvals
Read More:

Transocean adds $292 million of firm offshore backlog across five rigs, while a conditional Equinor agreement could add $1 billion over seven rig-years.

08/09/2026

Midstream Weekly Roundup Tracks 90 Projects Across $40.8 Billion to $42.2 Billion of U.S. Capital Visibility

Allstream Insiders Summary
Allstream Insiders counted 90 named midstream projects and project programs across 11 company announcements reviewed for the week ending August 8, 2026. The activity spans natural gas pipelines, gathering and processing plants, NGL transportation and fractionation, storage, marine terminals and export infrastructure across the United States, Canada and Mexico.

The U.S.-dollar announcements represent approximately $40.76 billion to $42.16 billion of combined capital visibility. That total includes $24.66 billion to $26.06 billion of 2026 company capital programs and $16.1 billion of separately reported projects-under-construction and backlog portfolios.

TC Energy’s figures remain separate because the company reports in Canadian dollars. TC Energy identified a C$22.3 billion secured project portfolio and expected C$6.0 billion to C$6.5 billion of 2026 capital expenditures.

Two acquisition announcements were also reviewed but were not added to the infrastructure-capital total: San Mateo Midstream’s $752 million Cardinal Midstream acquisition and Williams’ proposed acquisition of Momentum Midstream for up to $5.5 billion. Together, those transactions represent up to $6.252 billion of separate acquisition value.

Read More:

Published by Allstream Insiders

08/09/2026

Occidental Details $3.1 Billion Permian Program Within $5.5-$5.9 Billion 2026 Capital Plan

Allstream Insiders Summary
Occidental is guiding to between $5.5 billion and $5.9 billion of capital expenditures, net of noncontrolling-interest contributions, in 2026, including approximately $3.1 billion for its Permian Basin program and approximately $800 million for the Rockies. Occidental describes the approximately $5.7 billion midpoint as about 8% below its comparable 2025 capital program, excluding its former chemical business.

The Permian activity plan includes approximately 19 gross operated rigs, 14 net rigs and between 485 and 515 gross company-operated wells placed online during 2026. Occidental’s Rockies program includes approximately three gross operated rigs, three net rigs and between 150 and 170 operated wells placed online.

Occidental also reported new milestones for two named projects. Its 1PointFive subsidiary has completed construction of all four capture trains at the STRATOS direct air capture facility in Ector County, Texas, and is progressing commissioning work. In the Gulf of America, the Horn Mountain waterflood is designed around two injection wells, with initial water injection expected during the second half of 2027.

Read:

08/09/2026

Power: ICYMI - CenterPoint Energy Q2 2026 Earnings Summary 10 year Capital Investment Plan Expands by $1.2 B As Houston...read

CenterPoint Energy’s second-quarter update centers on expanding its long-term capital investment strategy to support accelerating electric demand across its

08/09/2026

Most Read Article of July: Kinder Morgan Record Quarter Supports Multi-Billion-Dollar Expansion Program Focused on Natural Gas, LNG, Power Generation and Gulf Coast Infrastructure

Read Here:

Published by Allstream Insiders

08/08/2026

Find out WHAT PROJECTS to Target. Visit: https://allstreaminsiders.com/category/midstream-news/

08/07/2026

BREAKING News: ENEOS Group to Acquire TPC Group. Learn More:

The transaction covers TPC Group's Houston manufacturing operation and terminals in Port Neches and Lake Charles, with closing planned for October 2026

08/07/2026

Diamondback Allocates $3.31 Billion to Operated Drilling and Completions Within $3.9 Billion 2026 Capital Plan

Allstream Insiders Summary

Diamondback Energy is maintaining approximately $3.9 billion of 2026 capital expenditures, including about $3.31 billion for operated horizontal drilling and completions across its Permian Basin position.

Diamondback’s August 2026 update provides the following forward program indicators:

Q3 2026 capital expenditures: $950 million to $1.05 billion;
2026 net lateral footage completed: 6.1 million to 6.5 million feet;
2026 average completed lateral length: approximately 12,900 feet;
Current activity: 17 drilling rigs and five completion crews;
Gas takeaway: secured long-haul capacity expected to more than double by year-end 2026; and
Technology development: chemical enhanced-oil-recovery testing and the company’s first six 3-mile U-turn wells.
The $3.9 billion total also covers non-operated drilling and completions, capital workovers, science, infrastructure, midstream and environmental spending. Diamondback did not divide that remaining companywide amount into named project budgets.

Read more:

Diamondback directs $3.31 billion to operated drilling within a $3.9 billion Permian capital plan while advancing U-turn wells and chemical EOR testing.

08/07/2026

Targa Starts East Driver, Train 11 and Delaware Express as $4.5 Billion 2026 Growth Program Advances
Read More:

The midstream operator has placed three assets into service and is advancing five Permian processing plants, two Mont Belvieu fractionators, an NGL export