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Commodities

Permian Gas Processing Volumes Set to Surge with New Enterprise Plants

Guavy AI Editorial Team
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Natural Gas
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Enterprise Products Partners has approved two more natural gas processing plants in the Permian Basin.

The new facilities are expected to help increase Permian processing volumes by 14% and potentially return about 2 Bcf/d of curtailed production to the market.

This could put pressure on Waha prices, which have been a concern for producers in the region. Enterprise's CEO, a 50-year veteran of the industry who is retiring, noted that new takeaway capacity is needed to handle the increasing supply.

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