There’s plenty of news on the midstream front as E&Ps announce their intent to monetize gathering, processing and pipeline asset value. Potential buyers are led by private equity firms that focus on energy infrastructure and have raised substantial capital in recent years, according to a recent report from Morgan Stanley Research.

The impetus for E&Ps to make the most of their midstream assets is wrapped up in the premium valuations achieved, particularly when they are sold outright; the resulting reduced business complexity; and de-levering opportunities for E&Ps still recovering from the downturn.