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Crude oil production in the Permian may or may not have peaked — that’s TBD. What we do know is that even if the shale play’s oil output flatlines, the Permian will generate increasing volumes of natural gas (and NGLs) and virtually all of it will need to be piped to other markets, primarily the Gulf Coast to feed existing and planned LNG export terminals, gas-fired power plants and other large consumers. To keep pace with that undeniable need for more Permian-to-Gulf takeaway capacity, WhiteWater has announced plans, through its Matterhorn joint venture (JV), for yet another mountain-themed gas conduit to the coast. In today’s RBN blog, we discuss WhiteWater’s newly unveiled Eiger Express Pipeline.
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302 episodes