November 28, 2018 - 8:17 AM EST
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Will Rising Gas Production Turn the Permian Basin into 'Marcellus West'?, an Industrial Info News Alert

SUGAR LAND, Texas, Nov. 28, 2018 /PRNewswire/ -- Researched by 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."

Industrial Info Resources (PRNewsfoto/Industrial Info Resources, Inc.)

The recent announcement of a $2 billion gas pipeline out of the Permian may help alleviate future imbalance between production and outbound transportation. But that project, assuming it gets built, won't be operating until the end of 2020 at the earliest.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the "Contact Us" page.

Brian Ford
(713) 980-9393


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SOURCE Industrial Info Resources, Inc.

Source: PR Newswire (November 28, 2018 - 8:17 AM EST)

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