The expected maintenance on NET Mexico began on April 16 and reportedly limited flows from the Agua Dulce Compressor Station to 1.61 Bcf/d versus a design cap of 2.1 Bcf/d. That will then drop to 1.3 Bcf/d on April 17-18 and 0.8 Bcf/d on April 19-20 and then 1.7 Bcf/d on April 21.
However, receipts from NET Mexico-Gasoductos del Noreste on the Sistrangas system have only dropped by 0.2 Bcf/d to a April 17 average of 1.9 Bcf/d.
Chevron has entered into a deal to acquire Anadarko in a 75% stock and 25% cash deal valued at $33 billion. Anadarko shareholders will receive 0.3869 shares of Chevron and $16.25 in cash for each share of Anadarko. The total enterprise value of the deal is $50 billion. Upon closing, CVX will issue 200 million shares of stock and pay $8 billion in cash for Anadarko, while assuming $15 billion in net debt. Closing is expected in the second half of 2019. As part of the plan, Chevron intends to divest $15-$20 billion in assets from 2020-2022