Stumbling gas production averages 13.8 Bcf/d in 2022 Rig count, new drilling, well completions accelerating Pipelines, local demand support growth to 17-18 Bcf/d Long-haul natural gas pipelines from the Permian Basin could reach maximum capacity as early as late 2023, potentially posing downside risk to basis prices and production across West Texas and New Mexico, a recent analysis published by S&P Global Commodity Insights shows. Receive daily email alerts, subscriber notes & personalize your experience. Register Now According to industry analysts and observers, the Permian Basin already has sufficient pipeline capacity in place to support near-term production growth for crude and NGLs. Despite that, the runway for gas looks increasingly less certain. Discussion and debate over the potential need for additional gas transmission capacity from the Permian took off even before the MPLX consortium announced the startup of commercial service last summer on the basin’s most recent expansion: […]