I Squared Capital’s Post

New Pipeline Projects Set to Boost Permian Basin Gas Output, Stabilize Gas Prices One such project is the Matterhorn Express Pipeline, with a capacity of 2.5 billion cubic feet per day (Bcf/d) expected to begin operations this month, transporting gas from the Permian Basin to Katy, near Houston, Texas. Read it here ▶ https://lnkd.in/euJMECnj #pipelinejournal #pipelinenews #pipelineindustry #pipelines #USA #Texas

Natural gas takeaway capacity in the Permian Basin is set to receive a significant boost with the upcoming launch of the Matterhorn Express Pipeline and several other major pipeline projects. As natural gas production in the region continues to grow, particularly from associated gas linked to oil operations, these new infrastructure developments aim to alleviate price pressures and improve market access. The Matterhorn Express Pipeline, along with the Apex, Blackcomb, and Saguaro Connector pipelines, will provide a much-needed increase in capacity, helping to stabilize prices and support the growing demand for natural gas transportation to key markets across Texas and Mexico. https://lnkd.in/g28TGJdH

ICYMI: The Matterhorn Express pipeline, inaugurated in September 2024, revolutionizes #naturalgas transportation in the Permian Basin, enhancing producers' profitability and stabilizing #gasprices at the Waha hub. L’article Pipeline Matterhorn Express: A New Era for Natural Gas Transportation in the Permian Basin est apparu en premier sur energynews.

The Matterhorn Express Pipeline that has been laid 580 miles from the Permian Basin to the Gulf Coast and is now gradually going online will help relieve the giant back-up of associated natural gas that has developed from the Permian Basin’s record oil production. “With the addition of 2.5 bcf/d in new egress capacity from the Permian Basin to Katy, Texas, the Matterhorn Express pipeline helps alleviate bottlenecks that have contributed to a prolonged discount on natural gas prices in the region,” TXOGA Chief Economist Dean Foreman, Ph.D. told the Odessa American. “This expanded access to higher-value markets should, in turn, narrow the price differential between the Permian and Henry Hub. “In the near term Matterhorn’s added capacity is likely to result in higher realized prices across the region, potentially spurring further investment and production, which could eventually require even more takeaway capacity.” Read more: https://lnkd.in/gkWfFFHW

Canadian pipeline operator Enbridge announced the formation of a joint venture with I Squared Capital, WhiteWater, and MPLX GP LLC to enhance natural gas supplies from the Permian Basin to the U.S. Gulf Coast, aiming to meet the booming LNG export demand. Enbridge holds a 19% stake in the venture, WhiteWater and I Squared together have a majority 50.6% stake, and MPLX possesses 30.4%. This strategic collaboration, set to finalize in the second quarter, underscores the United States' position as a leading LNG exporter, with expectations for several export facilities to become operational by the decade's end. The venture encompasses complete interests in Enbridge's Rio Bravo Pipeline, connecting to the Rio Grande LNG project in Texas and the Whistler pipeline and facilitating natural gas transportation from the Permian. Additionally, it includes significant stakes in the proposed ADCC pipeline, aimed at the Corpus Christi LNG export facility, and a 50% interest in the Waha Gas storage. Enbridge commits to funding the first $150 million for completing the Rio Bravo project and providing $350 million in cash to the venture, signifying a significant expansion of its capacity in the Permian Basin. https://lnkd.in/gAFhzayv

The Matterhorn Express pipeline, inaugurated in September 2024, revolutionizes #naturalgas transportation in the Permian Basin, enhancing producers' profitability and stabilizing #gasprices at the Waha hub. L’article Pipeline Matterhorn Express: A New Era for Natural Gas Transportation in the Permian Basin est apparu en premier sur energynews.

With the launch of the 2.5 Bcf/d Matterhorn Express Pipeline, Permian Basin natural gas is getting a much-needed boost in capacity. More projects like Apex and Blackcomb are in the pipeline to alleviate bottlenecks. #PermianBasin #NaturalGas #PipelineExpansion

$175 million in oil and gas assets bought by Permian Resources   Oil and gas producers continued increasing their holdings in the Permian Basin, as some of the largest energy companies in the world also targeted the region for growth in fossil fuel production. 🔽 Find more info in comments below 🔽 #OilandGas #PermianBasin #EnergyCompanies #FossilFuel #ProductionGrowth #CleanEnergy #OilandGasNews ⤵️ Click Follow on our page to keep up to date with energy news ⤵️

Check out the latest insights on the Permian Basin's evolving infrastructure. A recent article from Hart Energy highlights how continued pipeline development is crucial for the future of the basin. This in-depth analysis explores the challenges and opportunities faced by midstream companies and E&Ps as they work together to optimize the region’s vast potential. Dive into the full article to learn more about the latest trends and strategic moves shaping the Permian Basin's future: https://lnkd.in/gRYy2GXF #IndustryUpdate #PermianBasin #Energy #Midstream #FairfieldGeotechnologies

𝙈𝙖𝙟𝙤𝙧 𝘾𝙖𝙥𝙖𝙘𝙞𝙩𝙮 𝙀𝙭𝙥𝙖𝙣𝙨𝙞𝙤𝙣 𝙛𝙤𝙧 𝙋𝙚𝙧𝙢𝙞𝙖𝙣 𝘽𝙖𝙨𝙞𝙣 𝙂𝙖𝙨 𝙋𝙞𝙥𝙚𝙡𝙞𝙣𝙚𝙨 The Permian Basin, known primarily for its oil production, is witnessing a significant expansion in natural gas pipeline capacity with the upcoming launch of several major projects. The Matterhorn Express Pipeline, a joint venture including key players like EnLink Midstream and Devon Energy, is set to transport 2.5 billion cubic feet per day (Bcf/d) of natural gas to Katy, near Houston, Texas. This pipeline is expected to begin operations this month, marking a substantial increase in the region's gas transport capacity. Since 2018, natural gas production in the Permian Basin has more than doubled, drastically reducing regional prices at the Waha Hub, with prices going negative on several days in 2024. To combat these pricing challenges, additional pipeline projects like the Apex, Blackcomb, and Saguaro Connector Pipelines are underway, promising to add 7.3 Bcf/d of capacity by 2027 and alleviate bottlenecks by facilitating gas transport to Texan and Mexican markets. Further projects aiming to add 7.0 Bcf/d to transport gas to Mexico and the Texas Gulf Coast are planned, potentially coming online between 2025 and 2028. This surge in capacity is expected to relieve local price pressures and stabilize the market, benefiting Permian producers and promoting more sustainable regional pricing. What impact do you think these developments will have on the region's natural gas pricing and market dynamics? Are similar expansions needed in other production areas? Share your views below. #EnergyMarket #NaturalGas #PermianBasin #PipelineExpansion #MarketDynamics https://lnkd.in/gGVffe-w