New Pipelines Set To Ease Permian Natural Gas Glut ...Middle East

Economy by : (OILPRICE) -
The regional price of natural gas produced in the Permian, the top U.S. oil basin, was negative for most of the first half of the year. Rising associated gas output from oil-targeting wells has had nowhere to go. Producers had to either flare the gas, within allowed limits, or pay to get rid of what many Permian players see as an undesirable by-product of the valuable crude. For years, the key constraint to local gas prices has been the insufficient pipeline takeaway capacity, which hasn’t grown in lockstep with the soaring gas production…

Hence then, the article about new pipelines set to ease permian natural gas glut was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( New Pipelines Set To Ease Permian Natural Gas Glut )

Last updated :

Also on site :

Most Viewed Economy
جديد الاخبار