New Pipelines Set To Ease Permian Natural Gas Glut

The Permian Basin, the nation’s leading oil-producing region, experienced significant natural gas pricing pressures during the first half of the year as associated gas from oil-directed drilling operations accumulated without adequate pipeline infrastructure to transport it. Operators were forced to either flare excess gas within regulatory limits or incur costs to dispose of what many considered an unwanted byproduct of their primary crude oil extraction activities. This supply-demand im