Permian Continues to Test the Limits of America’s Existing Midstream and Downstream Infrastructure

Austin, TX (August 7, 2019) – Drillinginfo, the leading energy SaaS and data analytics company, has released Permian to Gulf Coast Midstream, the latest installment of their FundamentalEdge series, which presents an overview of oil, gas, and natural gas liquids (NGL) infrastructure currently proposed between the Permian basin and Gulf Coast export terminal locations. Underscoring the lack of adequate takeaway capacity in 2018-2019, plus the expected importance of coastal oil, natural gas, and NGL exports, in this report Drillinginfo highlights the expected impact of upcoming long-haul takeaway capacity projects and the price differentials they’ll create. “The Permian basin has experienced unprecedented production growth and remains the world’s focus, from producer to private equity, to service and supply companies,” said Bernadette Johnson, Vice President of Strategic Analytics at Drillinginfo. “But the Permian continues to be challenged by existing pipeline constraints and the inability to efficiently and effectively move oil, natural gas, and NGLs to the market. All hydrocarbons are tied at the drill bit and one affects the other. Although many players in the Permian are targeting crude oil primarily, natural gas processing and pipeline bottlenecks can have a negative impact on that crude oil production. However, a light at the… continue reading

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Source: CTRM Center

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