Enterprise’s Midland-to-ECHO II (ME II) pipeline was converted to NGL service, temporarily removing 220 Mb/d of crude oil capacity from the Permian to Houston. Additionally, Permian Basin oil production decreased nearly 4% in January due to a cold snap. Despite these headwinds, flows from the Permian Basin to Houston set a record in January 2024 for the third month in a row, totaling 2.55 MMb/d, according to data from our Crude Oil Permian report.
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- Analyst Insight
Permian-to-Houston Crude Oil Flows Rebound
Permian Basin crude oil flows to Houston rose in May 2024 after two consecutive months of decline, following a six-month growth streak that culminated in a record set in February 2024.
- Analyst Insight
Permian-to-Houston Crude Oil Flows Fall for Second Consecutive Month
Permian Basin crude oil flows to Houston dropped in April for the second consecutive month, following six months of growth that culminated in a record set in February 2024.
- Analyst Insight
Permian-to-Houston Crude Oil Flows Continue Rebound in November 2024
Crude oil flows from the Permian Basin to Houston extended their recovery in November 2024
