A natural gas bottleneck in the Permian Basin could force oil producers to shut wells or seek waivers to flare large amounts of natural gas if takeaway capacity does not catch up by the end of this year. * Lack of natural gas pipelines could impact oil output * Producers may seek to expand flaring to keep oil flowing * Citi says severe glut could send Waha gas price to zero Texas Railroad Commissioner Ryan Sitton said in an interview with S&P Global Platts that he may support lobbying state and federal environmental authorities to allow expanded flaring from natural gas processing plants, which would be able to separate and produce NGLs and condensates after flaring off the dry gas. “If I don’t have pipeline capacity and I can’t flare it, the only option is to shut in the well,” Sitton said Thursday. “And now I’m going to shut […]