Cramer: has it right again. Supports Trump's MAGA. Carl Q not willing to accept. David Faber pushes back. Cramer used the North Dakota Bakken to support his argument. Wow.
Trump: to create a national sovereign wealth fund. Link here. Doesn't this make a lot more sense than all the Pocahontas - Sanders agencies devised to stop / slow down American potential?
Orsted: shares plummet.
NVDA: earnings out on Wednesday, in two days.
Kilmar Abrego Garcia: 8 billion people on earth; 350 million in the US; liberal media more interested in this guy than 99.999% of all of them; has had more than his 15 minutes of fame.
Trump: threatening to investigate Chris Christie over "Bridgegate."
Finally: ultra-orthodox Israelis -- free-ride for decades -- now being drafted.
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Back to the Bakken
WTI: $64.08.
New wells:
- Tuesday, August 26, 2025: 51 for the month, 89 for the quarter, 529 for the year,
- 41640, conf, Neptune Operating, Foster 4-9-16 4H,
- 40948, conf, Hess, TI-H. Bakken-LN-157-94-0712H-1,
- Monday, August 25, 2025: 49 for the month, 97 for the quarter, 527 for the year,
- 40800, conf, Silver Hill Energy Operating, Holmen E 159-93-17-5-4TFHX,
- 40798, conf, Silver Hill Energy Operating, Holmen E 159-93-17-4-3MBHX,
- 40785, conf, Oasis, Nordby 5793 13-12 2B,
- 40519, conf, Neptune Operating, Foster 4-9-16 1H,
- Sunday, August 24, 2025: 45 for the month, 93 for the quarter, 523 for the year,
- 40856, conf, Oasis, Van Berkom 5793 13-11 4B,
- 40303, conf, Neptune Operating, Foster 4-9-16 2H,
- Saturday, August 23, 2025: 43 for the month, 91 for the quarter, 521 for the year,
- 40947, conf, Hess, TI-H. Bakken-157-94-0712H-4,
- 40513, conf, Neptune Operating, Foster 4-9-16 1H,
- 40452, conf, Hess, TI-H. Bakken-157-94-0712H-2,
RBN Energy: WhiteWater unveils its latest Permian-to-Gulf project: Eiger Express Pipeline. Archived.
Updates
November 24, 2025:
WhiteWater today announced the expansion of the Eiger Express Pipeline's mainline capacity from 2.5 billion cubic feet per day (Bcf/d) to 3.7 Bcf/d, having secured additional firm transportation agreements since WhiteWater announced the project in August 2025. In order to effectuate this increase, the mainline has been upsized from a 42" to a 48" diameter pipeline, along with incremental compression being installed. This expansion of Eiger Express Pipeline's capacity is not expected to affect its previously announced expected in-service-date of mid-2028, pending the receipt of customary regulatory and other approvals.
The increase from 2.5 billion to 3.7 billion represents a 48% increase (almost 50%) in volume.
The Eiger Express Pipeline, designed to transport natural gas from the Permian Basin in West Texas to the Katy area. The joint venture owns long-haul natural gas pipelines which transport natural gas from the Permian Basin to the Gulf Coast with direct connections to LNG export markets. WhiteWater's stake in the Matterhorn.
The Eiger Express is owned by a joint
venture among the:
- Matterhorn JV (70%),
- owned by WhiteWater (65%),
- ONEOK (15%),
- MPLX (10%), and
- Enbridge (10%).
- ONEOK (15%),
- MPLX (15%).
Posted Augusts 25, 2025
Crude oil production in the Permian may or may not have peaked — that’s TBD. What we do know is that even if the shale play’s oil output flatlines, the Permian will generate increasing volumes of natural gas (and NGLs) and virtually all of it will need to be piped to other markets, primarily the Gulf Coast to feed existing and planned LNG export terminals, gas-fired power plants and other large consumers. To keep pace with that undeniable need for more Permian-to-Gulf takeaway capacity, WhiteWater has announced plans, through its Matterhorn joint venture (JV), for yet another mountain-themed gas conduit to the coast. In today’s RBN blog, we discuss WhiteWater’s newly unveiled Eiger Express Pipeline.
WhiteWater, with financial backing from I Squared Capital and FIC Partners Management, is a midstream powerhouse in Texas. It has developed a number of critically important gas pipelines, typically via JVs with other large midstreamers — a prime example being the 2.5-Bcf/d Matterhorn Express Pipeline, which is co-owned by WhiteWater (65%), ONEOK (15%), MPLX (10%) and Enbridge (10%). WhiteWater announced on August 25 that the company and its Matterhorn partners have made a final investment decision (FID) to build the 42-inch-diameter Eiger Express Pipeline (dashed dark-blue line in Figure 1 below). Eiger Express is 70% owned by the Matterhorn JV, with MPLX and ONEOK each holding 15% stakes incremental to their interests in the JV.
Like Matterhorn Express (dark-green line), the new pipe will run from the Waha Hub in Pecos County, TX, to the Katy area west of Houston. It also will connect to the planned Traverse Pipeline (dashed magenta line) in Wharton County, TX. Supply for Eiger Express will be sourced from multiple connections in the Permian, including gas processing facilities in the Midland Basin, and from the Delaware Basin via the Agua Blanca Pipeline, a JV between WhiteWater, Enbridge and MPLX. (More on Agua Blanca later.)
Figure 1. Eiger Express Pipeline and Other WhiteWater Assets and Projects. Source: RBN
