Hobbs

The need for natural gas processing capacity, new or expanded NGL pipelines and other infrastructure in the Permian Basin and the Eagle Ford has spurred a competitive frenzy among midstream companies. NGL production in the two prolific regions has more than doubled in the past four years; it now tops 1.1 MMb/d. Under RBN’s Growth Scenario that assumes output will continue to increase over the near term despite the recent price slump – production in the two regions would rise another 500 Mb/d by 2019. Given that infrastructure in parts of the Permian and Eagle Ford already is struggling to keep pace, it is quite possible that midstream companies will continue to develop new projects.  Today, we begin our company-by-company look at existing infrastructure and planned projects.