New Pipelines Set To Ease Permian Natural Gas Glut
New pipeline capacity increases takeaway for Permian natural gas and eases the regional supply bottleneck.
Source →The trace
How it reaches your house.
Starting from Natural gas wellhead production, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Natural Gas (Pipeline-Grade) →supply upEIA says Texas projects will provide additional takeaway capacity out of the Permian Basin and debottleneck the Waha Hub, increasing U.S. natural-gas availability.
93% confidenceNatural gas wellhead production →Stands to benefitNew Permian takeaway capacity directly eases a major U.S. gas bottleneck, letting more U.S. production reach market and improving realized output/value.
90% confidenceNatural Gas (Pipeline-Grade) →Stands to benefitKinder Morgan's Gulf Coast Express Expansion is explicitly named as having entered service and as the basin's first major relief valve, so easing Permian takeaway constraints should benefit KMI through higher throughput and better monetization.
Hop 2
United States →supply upInterstate natural gas transmission pipelines
The event directly adds U.S. pipeline takeaway capacity, so interstate gas transmission pipeline supply becomes more available.
96% confidenceResidential Electricity →supply upNew Permian pipeline capacity eases the gas bottleneck, making this critical natural-gas input more available for residential electricity.
90% confidenceEnergy Transfer LP →supply upHop 3
Permian Resources Corporation →Stands to benefitIf pipeline relief lets Permian Resources produce and complete more wells, ProPetro can benefit because Permian Resources was a material customer representing 11.2% of ProPetro's revenue.
58% confidence