Natural gas pipeline capacity from the Permian Basin is set to increase
September 10, 2024
Natural gas pipeline takeaway capacity in the Permian Basin will soon increase as the Matterhorn Express Pipeline, with a capacity of 2.5 billion cubic feet per day (Bcf/d), is expected to begin service this month, according to EnLink Midstream, one of the project’s stakeholders.
Matterhorn (a joint venture with Whitewater, EnLink Midstream, Devon Energy, and MPLX) will transport natural gas from the Permian Basin to Katy near Houston, Texas. Natural gas production from the Permian Basin—primarily associated gas from growing oil production operations—has more than doubled since 2018, reducing regional spot natural gas prices and prompting greater demand for new pipeline takeaway capacity to transport natural gas to more viable markets.
