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Crude oil production in the Permian basin will rise by ~60% to reach at least 1.82M bbl/day by...

Crude oil production in the Permian basin will rise by ~60% to reach at least 1.82M bbl/day by 2016, energy consultancy Bentek says. Output will surpass existing pipeline capacity by early next year, but ~1M bbl/day of new takeaway capacity is slated to come online by the end of 2014.
Comments (4)
  • anyone know which mlp(s) are bringing on that extra takeaway pipeline or which tanker company will haul the excess oil from early 2013 until pipeline comes up at ye 2014?
    15 Aug 2012, 07:50 PM Reply Like
  • Look at PAA
    15 Aug 2012, 09:13 PM Reply Like
  • MLP's are in the sweet spot for the next few years.
    15 Aug 2012, 09:28 PM Reply Like
  • masmoola: thank you.
    18 Aug 2012, 11:52 PM Reply Like
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