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This report and others like it are available to subscribers of Stratas Advisors’ North America, North American Natural Gas, North American NGL, North American Oil and North American Shale services.
Our comprehensive second-quarter 2017 liquids infrastructure analysis conducted as part of the North American Shale Infrastructure Service shows that midstream project activity in the Permian Basin in the current quarter exceeds the activity of expansions and announcements in the entire rest of the liquids-rich shale industry of North America.
During second-quarter 2017, Permian midstream developers announced 23 new projects, expansions or completions at expanding pipelines, terminals and docks, tanks and processing plants that serve the Permian region’s burgeoning oil and associated liquid-rich wet gas production. For the rest of the nation’s liquids-oriented plays, our analysis of project announcements and activity showed just 20 projects.
The ongoing quarterly analysis of infrastructure expansion activity is the key feature of the North American Shale Infrastructure service. When used with the North American Shale Service’s NGL, oil and gas production forecasts, subscribers can stay abreast of our quarterly views and updates of potential takeaway bottlenecks or overbuilt situations given the dynamic nature of midstream project development and oil and gas drilling and completions in North American shale and tight oil basins.
The Permian is clearly where the majority of liquids drilling and completion is taking place in the country. It is also where we forecast the majority of liquids growth. Hence, the finding this quarter that it is the most active region in terms of midstream liquids infrastructure expansion should be no surprise to our North American Shale Infrastructure service and our North American Shale service subscribers.
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