Permian gas takeaway capacity two’s company but party just beginning

Growing Permian production, combined with a gas export infrastructure that is at capacity, has made negative pricing more and more common, especially with falling seasonal demand and pipeline maintenance and outages. Two pipeline projects, Gulf Coast Express and Permian Highway, are under construction and will alleviate the constraint beginning later this year, we expect the basin to need two more pipeline projects by 2025 to avoid "hitting the wall".