Crude oil flows from the Permian Basin to the U.S. Gulf Coast reached a record high in December 2023 at 5.64 MMb/d (see graphic below), according to our Crude Oil Permian report. For 2023, flows from West Texas to the Gulf Coast averaged 5.28 MMb/d, a 10% increase from 4.78 MMb/d in 2022. Volumes to Corpus averaged 2.29 MMb/d last year, Houston averaged 2.17 MMb/d and Nederland averaged 0.84 MMb/d. This represented a 32% year-over-year increase for Houston and a 20% year-over-year increase for Corpus, while Nederland remained flat.
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- Analyst Insight
Permian Crude Flows to Gulf Coast Rose Nearly 2% in August
Crude oil flows from the Permian Basin to the U.S. Gulf Coast rose nearly 2% in August 2024, reaching 5.64 MMb/d — an increase of 93 Mb/d compared to July (see graph below) — according to the latest monthly data from the Texas Railroad Commission.
- Analyst Insight
Permian-to-Gulf Coast Oil Flows Rebound in February to Second-Highest Month
Crude oil flows from the Permian Basin to the U.S. Gulf Coast rebounded in February, reaching 5.64 MMb/d, following a cold snap in January.
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Oil-Weighted E&Ps' 3Q Results
<p>(Note: Each column is sortable by clicking once or twice on the column title. For example, clicking on "Revenue" will rank the companies either low-to-high or high-to-low.)</p>
