Crude oil flows from the Permian Basin to the Corpus Christi area increased by 5% in April 2024, reaching 2.35 MMb/d (see turquoise line in the graph below), according to data from the Texas Railroad Commission. Including volumes from the Eagle Ford picked up along the way, total pipeline flows reached 2.58 Mb/d, representing a 101% utilization rate.
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- Analyst Insight
Permian-to-Corpus Crude Oil Flows on the Rise
Crude oil flows from the Permian Basin to Corpus Christi increased in May 2024, rising by 52 Mb/d to 2.4 MMb/d, compared to April’s 2.35 MMb/d, according to data from the Texas Railroad Commission.
- Analyst Insight
Permian-to-Corpus Crude Oil Flows Dipped in July After Peaking in May
According to the latest monthly data from the Texas Railroad Commission, crude oil flows from the Permian Basin to Corpus Christi declined to 2.36 MMb/d in July, down 26 Mb/d compared to June.
- Analyst Insight
Permian-to-Corpus Crude Oil Flows Decline in March
Crude oil flows from the Permian Basin to Corpus Christi saw a decline in March 2024, dropping by 33 Mb/d to 2.23 MMb/d compared to February’s 2.27 MMb/d, according to data from the Texas Railroad Commission.