It remains to be seen to what extent the recent crash in oil prices--and
the sympathetic decline in prices for natural gas liquids (NGLs) - will
lead to major drilling and production pull-backs in some U.S. shale
plays. What seems clear, though, is that the higher-grade, liquids-rich
areas at the heart of the Eagle Ford and Permian Basin will continue to
experience at least modest levels of drilling activity and still-strong
production for some time to come. That should provide considerable
relief to the midstream companies that have been investing heavily in
NGL infrastructure in the Eagle Ford and Permian the past few years.
Today, we continue our company-by-company look at existing and planned
natural gas processing plants, fractionators and NGL pipelines in two of
the most productive plays in the U.S.
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