Adam Baker

On August 1, France-flagged vessel Champagny, delivered 313.2 Mbbl (~10 Mb/d) of propane from Energy Transfer's Marcus Hook terminal in Pennsylvania to the Sea-3 terminal in Rhode Island (RI). This is the sixth movement of propane under the Jones Act waiver issued March 17, and recently extended on August 10. It is notably the first instance of propane moving within the lower-48 states under the waiver, as all shipments until then had been destined for Puerto Rico.

On its Q2 2026 earnings call, Plains All American (Plains) raised its Permian oil production outlook to growth of 100-200 Mb/d on an exit-to-exit basis for 2026 versus 2025, up from a prior forecast of roughly flat, and attributed the change mostly to new natural gas takeaway capacity a

Targa's Permian volumes hit a record 7.2 Bcf/d in Q2, up 450 MMcf/d from Q1, "almost two plants worth of gas in one quarter," as CEO Matt Meloy put it, and that came despite 200–400 MMcf/d shut in on any given day because of week Waha natural gas prices.

ConocoPhillips in its Q2 2026 earnings call stated second-quarter production was 2,248 Mboe/d, above the top of guidance, and highlighted a Permian record of 920 Mboe/d. Permian output rose about 10% year over year  in the first half.

On its Q2 2026 earnings call, Western Midstream (WES) emphasized water handling is now its fastest-growing business, with throughput up roughly 85% this year, and CEO Oscar Brown put it plainly: in the Permian, "crude oil and natural gas flow assurance does not happen without a solution for produced water."