Output down 1.7 Bcf/d, or about 12% vs. prior week West Texas temperatures to hit 10 degrees, Feb. 3-4 Waha balmo contract eases to $7.25, March rising Permian Basin gas production on Feb. 3 suffered its steepest decline yet this winter as frigid weather across West Texas fuels a wave of freeze-offs there. With low temperatures in nearby Midland and Odessa forecast to remain in the teens to low-20s Fahrenheit through the weekend, the cut to West Texas gas supply could be prolonged. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Initial production estimates on Feb. 3 showed Permian production dropping to about 12.2 Bcf/d marking a nearly 1.7 Bcf/d, or 12%, drop in output compared with the prior week average. From Feb. 2 to Feb. 3, low temperatures in the region dropped to around 15 degrees. From Feb. 3 to Feb. 4, low […]