June 1, 2018 – Natural Gas Intelligence
Permian Hungry for Oil, Gas Takeaway Solutions as Rail, Trucking Struggle
By: Carolyn Davis
Multiple oil pipelines are preparing to carry more of the Permian Basin’s roaring production to faraway markets, but capacity issues remain for liquids and in particular for natural gas, which could lead to a complete gas blowout by this fall and require flaring or shut ins, according to analysts.
Analysts have been sounding the alarm about Permian takeaway issues for months, as gas and oil price...