Permian gas production ticked higher last week as recent pipeline maintenance on Permian Highway wrapped up, allowing flows to normalize and prices to recover. April production averaged lower than March, but volumes have already bounced back this month with fewer midstream constraints. More maintenance, however, is scheduled later this month on Permian Highway. That line still has a turbine exchange scheduled between May 13 and May 26 that will reduce outflow capacity by 0.51 Bcf/d.
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- Analyst Insight
Permian Gas Production Dips on Maintenance
Waha gas prices remained in positive territory as production dipped last week during a Permian Highway maintenance event.
- Analyst Insight
Waha Gas Prices Tank Amid Permian Highway Maintenance
Waha natural gas prices have plunged recently, as pipeline maintenance in the Permian constrains outflows.
- Analyst Insight
Waha Natural Gas Cash Basis Surges as Permian Outflows Grow
Waha natural gas prices have surged upward in the past week, as outflows from the Permian Basin are strong and Permian production remains at record highs.
