The joint venture including WhiteWater, MPLX, Enbridge and Targa reached a final investment decision (FID) today to build the Traverse Pipeline. The line will have a maximum capacity of 1.75 Bcf/d and will connect to Agua Dulce as well as the Katy area. The line will have connections to Whistler and Blackcomb in the South, as well as Matterhorn Express in the North. As we discussed in Any Way You Want It, the bidirectional line gives the joint venture the ability to move gas up and down the Gulf Coast in response to market needs. This has important implications for Matterhorn Express, which has key downstream capacity still unused despite the dire need for Permian egress.
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Climb Ev'ry Mountain, Encore Edition - WhiteWater Unveils Its Latest Permian-to-Gulf Project: Eiger Express Pipeline
Crude oil production in the Permian may or may not have peaked — that’s TBD. What we do know is that even if the shale play’s oil output flatlines, the Permian will generate increasing volumes of natural gas (and NGLs) and virtually all of it will need to be piped to other markets, primarily the Gulf Coast to feed existing and planned LNG export terminals, gas-fired power plants and other large consumers. To keep pace with that undeniable need for more Permian-to-Gulf takeaway capacity, WhiteWater has announced plans, through its Matterhorn joint venture (JV), for yet another mountain-themed gas conduit to the coast. In today’s RBN blog, we discuss WhiteWater’s newly unveiled Eiger Express Pipeline.
Climb Ev'ry Mountain - WhiteWater Unveils Its Latest Permian-to-Gulf Project: Eiger Express Pipeline
Crude oil production in the Permian may or may not have peaked — that’s TBD. What we do know is that even if the shale play’s oil output flatlines, the Permian will generate increasing volumes of natural gas (and NGLs) and virtually all of it will need to be piped to other markets, primarily the Gulf Coast to feed existing and planned LNG export terminals, gas-fired power plants and other large consumers. To keep pace with that undeniable need for more Permian-to-Gulf takeaway capacity, WhiteWater has announced plans, through its Matterhorn joint venture (JV), for yet another mountain-themed gas conduit to the coast. In today’s RBN blog, we discuss WhiteWater’s newly unveiled Eiger Express Pipeline.
Any Way You Want It - Gas Market Players Seek Optionality With New Gulf Coast Pipelines
Natural gas production in the Permian is still on a roll — increasing so fast that midstream infrastructure can barely keep up. But producers, marketers and shippers want more than new takeaway capacity. They also need to know that the pipeline systems they sign up with can reliably move their gas to markets where they can get the best price. Put simply, they are demanding optionality. In today’s RBN blog, we discuss the optionality provided by a WhiteWater Midstream-led joint venture’s (JV) expanding gas pipeline network in Texas, including a brand-new project between the Agua Dulce and Katy gas hubs that’s in the works.