Last week, natural gas production in the Permian Basin ranged from 20.7 Bcf/d to 20.79 Bcf/d, averaging 20.76 Bcf/d, down 0.22 Bcf/d, with lower supply receipts on El Paso Pipeline. El Paso had another force majeure event on June 10, this time just downstream of the Pecos River Compressor Station in Eddy County, New Mexico and Culberson County, Texas. Some gas is still flowing through the compressor station but flows at that station as well as the Guadalupe Station have been planned to be reduced by about 330 MMcf/d for the remainder of the month. Maintenance work on El Paso pipeline is an ongoing issue for the basin.
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- Analyst Insight
Gas Outflows from Permian Rise As Compressor Station Returns
Gas outflows from the Permian increased week-on-week as El Paso sent more gas to the West.
- Analyst Insight
Permian Natural Gas Outflows Retreat but are Poised to Hit New Highs in Coming Months
Outflows of natural gas from the Permian Basin were down last week relative to the previous week. However, we expect outflows to trend upward in the coming months.
- Analyst Insight
Permian Natural Gas Flows Westbound Jump Back to Normal
Westbound outflows last week were up relative to the prior week, as maintenance on El Paso continues to buffet capacity.
