The world needs more natural gas, and the Permian Basin is gearing up to deliver it with a flurry of midstream projects that will expand gathering and processing infrastructure and add an expected 6 Bcf/d of pipeline takeaway capacity within the next two years. Pipeline capacity additions have debottle-necked crude oil, natural gas and natural gas liquids (NGL) egress from the basin, with oil pipelines still underutilized after a multi-year building spree that concluded just as the global COVID-19 lockdown crushed demand.
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