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Will Rising Gas Production Turn the Permian Basin into 'Marcellus West'?
Industry Segment: Production | Word Count: 1440 Words
Attachment: US Natural Gas Exports to Mexico, Permian Natural Gas Production
SUGAR LAND--November 28, 2018--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Natural gas production in the Permian Basin has doubled over the last three years, and analysts expect continued strong growth in production. The Permian's gas production threatens to overwhelm local infrastructure, just as it has for oil--and just as the Marcellus Basin overwhelmed its gas infrastructure a few years ago. The situation caused one prominent energy analyst, Rusty Braziel, to coin a new term for the Permian's disconnect between production and takeaway capacity: TCD, or "takeaway capacity disorder."
Within this article: Details on how capacity constraints on gas and oil production continue to affect the Permian and Marcellus areas, and how they are similar and different.
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