The largest crude oil pipeline exiting the Permian Basin by volume — Wink to Webster (W2W) — has completed its planned maintenance to reroute a small section of the pipeline. W2W (teal line on the Permian-to-Houston below map) is now back to full service. This is inclusive of Enterprise’s Midland-to-ECHO III (ME III, light purple line), which reflects the company’s 29% undivided joint interest in W2W. The pipeline can move 1.5 MMb/d, which is over half of the capacity from the Permian Basin to Houston.
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Glimpse of the Future - Upcoming W2W Maintenance Will Tighten Permian Oil Takeaway, Wreak Havoc on Prices
The largest crude oil pipeline exiting the Permian Basin by volume — Wink to Webster (W2W) — is planned to be offline for maintenance for the first 10 days of June. This is inclusive of Enterprise’s Midland-to-ECHO III (ME III), which reflects the company’s 29% undivided joint interest in W2W. Although the outage has not been publicly confirmed, it’s our understanding that 1.5 MMb/d of capacity will be offline to reroute a small section of pipeline. In today’s RBN blog, we’ll examine how the planned maintenance will impact Permian Basin oil takeaway capacity and what it may mean for Midland WTI pricing.
- Analyst Insight
Midland/Houston Oil Spread Widens to Highest in Four Years
Midland/Houston Oil Spread Widens to Highest in Four Years
- Analyst Insight
Wink to Webster Oil Pipeline Hit Full Utilization in February, March
The largest crude oil pipeline exiting the Permian Basin by volume — Wink to Webster — has achieved full utilization for the second consecutive month.
