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Open seasons, FIDs promise runway for Permian gas production to late 2020s

May 20, 2022 Comments Off

Permian Basin production growth is looking more sustainable through the late 2020s following a recent final investment decision on the greenfield Matterhorn Express natural gas pipeline from Waha to Katy. With a lineup of firm transportation agreements from committed shippers, the 2.5 Bcf/d project will move forward with construction and an expected in-service date of third-quarter 2024, according to a…