In the past four years, natural gas production in the Permian Basin has doubled — from 6.6 Bcf/d in August 2017 to 13.4 Bcf/d now. To keep pace, the midstream sector has spent many billions of dollars on new gas gathering systems, processing plants, and takeaway pipelines, with virtually all of that investment backed by long-term commitments from producers and other market players. Thanks to that build-out, the Permian now has sufficient takeaway capacity — at least for another couple of years. But despite the 50-plus processing plants that have come online in the play’s Delaware and Midland basins in recent years, still more processing capacity is needed, as evidenced by the expansion projects and new plants that we discuss in today’s blog.
The NATGAS Production Tracker - Texas provides a DAILY update of natural gas production in Texas the New Mexico side of the Permian Basin. Quickly and easily view today’s supplies in the Lone Star state and download the full historical table when you need it.
The Permian has proven itself to be a remarkably resilient producer of hydrocarbons — something we track in our weekly Crude Oil Permian and NATGAS Permian reports. No doubt, there have been challenges and setbacks along the way, chief among them a devastating pandemic that, in addition to its human toll, slashed demand for crude oil, the commodity that drives drilling and production activity in the Permian. In response, crude oil production there sagged in the spring of 2020 and gas production (see Figure 1) fell by 1.3 Bcf/d to 10.6 Bcf/d from April to May. Then, in February 2021, the Deep Freeze caused Permian gas production to fall 2.2 Bcf/d from the previous month to 10.1 Bcf/d.
Join Backstage Pass to Read Full Article
About the song
“One Step Ahead” was written by Eddie Snyder and Charles Singleton. It appeared as the A-side of a single for Aretha Franklin that was released by Columbia Records in May 1965. The single went to #18 on the Billboard Hot Rhythm & Blues Singles chart. Since the song never appeared on any of her albums at the time, it remains one of the rarest and collectible of Franklin’s singles. Hip-hop producer Ayatollah sampled the chorus from the song and used it in the “Ms. Fat Booty” single for Mos Def.
Aretha Franklin was an American soul singer, songwriter, and pianist. Dubbed “The Queen of Soul,” Franklin's professional career started at the age of 18, when she signed with Columbia Records. She released 38 studio albums, six live albums, 62 compilation albums, and 131 singles. Franklin won 18 Grammy Awards and received a Grammy Award Living Legend and Lifetime Achievement Award. She was awarded the National Medal of Arts and the Presidential Medal of Freedom, and is a member of the Rock and Roll Hall of Fame, the Gospel Music Hall of Fame, the UK Music Hall of Fame, and the National Women’s Hall of Fame. Franklin passed away at her home in Detroit in August 2018 at the age of 76.
