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Permian Growth and Midstream Investment: Enterprise Products Partners’ Expansion Strategy

Oil Gas Leads

With rising natural gas and NGL output exceeding expectations , midstream companies are ramping up investments in infrastructure to meet growing demand. ” The Pion Midstream acquisition in 2024 reinforced Enterprises position in sour gas processing. Our goal is to export over 100 million barrels a month by 2027.”

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Phillips 66 Doubles Down on Permian Basin Growth with EPIC Acquisition and New Processing Expansions

Oil Gas Leads

During their Q4 2024 earnings call , the company outlined how strategic acquisitions, processing expansions, and pipeline investments will drive growth in their Midstream business and position them to capitalize on rising NGL and crude demand. Phillips 66 is making big moves in the Permian Basin , a critical hub for U.S. energy production.

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Oil Review Middle East - Untitled Article

Oil Review Middle East

This strategic pivot, alongside the OPEC+ decision to cap Aramcos oil production at 12 million barrels per day by 2027, is designed to support price stability while increasing domestic gas consumption. Saudi Arabia is stepping up investment in natural gas as a cleaner, lower-carbon alternative to oil and coal.

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U.S. Oil Production: Low-Cost Inventory and the Need for Sustained Activity

Oil Gas Leads

The Cost Curve Advantage but Only if You Keep Drilling Ryan Lance (ConocoPhillips) underscores the advantage of inventory depth: We have decades of inventory below our $40 per barrel WTI cost of supply threshold this optionality is what separates the inventory haves from the have nots. production would peak between 2027 and 2030.