Tuesday, January 12, 2021

The Permian Highway Pipeline -- KMI -- Operational -- January 12, 2021

An old story, S&P Global Platts reported this January 4, 2021. This is now being a "thing" on twitter -- "the Permian Basin has gained an outlet for associated gas." 

From Platts: "Permian Highway enters services, brightening gas market outlook for Texas. "

From the linked article, data points:

  • Kinder Morgan: Permian Highway Pipeline
  • entered service January 1, 2021
  • KMI's second major takeaway project from West Texas
  • two billion cubic feet/day project; runway for production growth
  • new capacity to support Permian prices beyond winter
  • Premium Gulf Coast pull supply eastbound

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