Permian production was relatively flat last week, averaging 23.1 Bcf/d, in line with where it has been throughout the month of August (see dark orange line in chart below). However, the rig count is climbing, setting the basin up for future growth when Blackcomb and Hugh Brinson pipelines come on later this year. Hugh Brinson has some capacity online but will ramp up to 1.5 Bcf/d this year, and then to 2.2 Bcf/d next year. Blackcomb is commissioning and will have a capacity of 2.5 Bcf/d by the end of the year. Combined, these will provide ample room for production to grow. RBN expects production to climb to around 23.9 Bcf/d by the end of the year and then continue growing in 2027 with production exceeding 25 Bcf/d by year-end.
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Permian Gas Outflows Up as Prices Climb
Natural gas prices in the Permian are climbing higher as more capacity becomes available to outside the production zone.
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Gulf Coast Express Expansion Ends Waha’s Negative Streak
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Permian Natural Gas Production Still Near Record Highs
Permian natural gas production has been at record highs this month as Hugh Brinson, Blackcomb and an expansion of Gulf Coast Express have increased capacity out of the region.
