FINWIRES · TerminalLIVE
FINWIRES

Permian Gas Capacity Could Support 70% Production Growth Through 2031, TPH Says

By

Permian gas infrastructure could support production growth of about 70% as new pipelines ease capacity constraints through 2031, TPH Energy Research said in a Tuesday note.

WhiteWater's Solitude Pipeline announcement aligns with TPH's updated outlook, with the system expected to ease an emerging Permian gas bottleneck heading into 2031.

Higher drilling and earlier start-ups for Hugh Brinson and Blackcomb could lift Permian gas growth by about 2 billion cubic feet per day in 2026, with similar gains expected in 2027.

Compression limits at Hugh Brinson could keep Waha prices relatively close to Katy through late 2027 before the spread temporarily widens during the first half of 2028.

Eiger's planned start-up in Q3 2028, with about 3.7 Bcf/d of capacity, should further improve Permian gas takeaway as new infrastructure comes online.

By year-end 2029, Desert Southwest and Solitude Phase I could add about 4.55 Bcf/d of gas takeaway capacity. Solitude Phase II could add another 2.25 Bcf/d in 2030.

TPH believes the 48-inch pipelines could support over 10 Bcf/d of total takeaway capacity with modest additional investment, up from the nominal 6.8 Bcf/d.

Planned projects through 2031 could add more than 17 Bcf/d of gas takeaway capacity, versus about 10.5 Bcf/d of expected production growth, with Kinder Morgan's (KMI) Permian Link potentially adding another 2.6 Bcf/d.

Permian gas output would need to rise by about 70% to fully utilize the planned capacity, while the basin's oil mix could fall by about 7.5% between 2025 and 2030.

The industry may be expanding infrastructure ahead of actual production needs after earlier takeaway constraints, TPH said. That could support Waha gas pricing and increase the value of gassier acreage from 2030, while challenging data centers that expect consistently cheap Permian gas.

Related Articles

Commodities

Fire Erupts at Explorer Pipeline Tank Farm After Lightning Strike

A total of three storage tanks caught fire following a lightning strike at Explorer Pipeline's Glenpool tank farm in Tulsa, Oklahoma, early Monday morning, according to multiple media reports.The Tulsa Fire Department said the Glenpool Fire Department was working to contain a fire at the Explorer Pipeline tank farm."Three tanks are reportedly involved," the Tulsa Fire Department posted on X.Explorer has reportedly shut down operations to and from Glenpool as of Monday afternoon, according to Bloomberg.National Transportation Safety Board documents show that the Glenpool farm can store about 3.4 million barrels of fuel across over 30 tanks.Explorer did not immediately respond to' request for comment.

Commodities

US Power Update: US Electricity Markets Mostly Higher as PJM Prices Hit $725.99/MWh

US wholesale electricity markets were mostly higher Wednesday afternoon, with PJM Interconnection's intraday prices reaching a peak of $725.99 per megawatt-hour, according to data from GridStatus.io.Electric Reliability Council of Texas' real-time locational marginal price was $27.99/MWh at 4 p.m. ET. Net load reached 50.84 gigawatts, with natural gas accounting for the largest share of the generation mix at 43.2%.California Independent System Operator's real-time LMP came in at $36.29/MWh at 4 p.m. ET. Net load was 4.73 GW, with solar accounting for the largest share of the generation mix at 59.6%.Southwest Power Pool's real-time LMP was $54.81/MWh at 4 p.m. ET. Net load reached 47.25 GW, with natural gas making up the largest share of the generation mix at 47.3%. Prices rose to an intraday peak of $123.97/MWh at 4:55 p.m. ET.PJM's real-time LMP stood at $241.45/MWh at 4 p.m. ET. Net load totaled 124.88 GW, with natural gas providing the largest share of the generation mix at 46.5%. Prices climbed to an intraday high of $725.99/MWh at 12:55 p.m. ET.Midcontinent Independent System Operator's real-time LMP was $52.17/MWh at 4 p.m. ET. Net load stood at 87.51 GW, with natural gas accounting for the largest share of the generation mix at 34.3%. Prices jumped to an intraday high of $109.36/MWh at 4:20 p.m. ET.New York Independent System Operator's real-time LMP came to $50.34/MWh at 4 p.m. ET. Net load reached 21.52 GW, with dual fuel representing the largest share of the generation mix at 31.6%.ISO New England's real-time LMP stood at $39.99/MWh at 4 p.m. ET. Net load totaled 14.73 GW, with natural gas accounting for the largest share of the generation mix at 55.6%.Independent Electricity System Operator's real-time LMP was $36.95/MWh at 4 p.m. ET. Net load reached 19.75 GW at 3:55 p.m. ET, with nuclear accounting for the largest share of the generation mix at 41.9%. Prices reached an intraday peak of $199.66/MWh at 7:50 a.m. ET.The National Weather Service's Climate Prediction Center forecasts temperatures to stay above normal across much of the West and South from Aug. 25-31, with normal to below-normal readings across the Northeast.

Commodities

US Natural Gas Update: Futures Fall on Cooler Forecasts

US natural gas futures dropped in late trading on Monday as cooling weather forecasts reduced demand while production hit record levels and inventories swelled.The front-month Henry Hub contract as well as the continuous contract both lost 1.06% to trade at $2.704 per million British thermal units.Barchart said natural gas prices fell to a one-week low Monday as US weather forecasts shifted toward cooler conditions, potentially reducing demand from power generators for air conditioning.While NatGasWeather.com said the southern US would experience hotter-than-normal weather, The Commodity Weather Group said Monday that the US weather outlook had shifted toward cooler conditions, with average to below-average temperatures expected across the eastern population centers of the US from Aug. 22-31.Lingering heat across the southern US and recovering LNG feedgas demand continue to provide some support, but they have not been enough to overcome high production and comfortable inventories, Gelber & Associates said.On the supply side, Barchart, citing BNEF data, said lower 48 dry gas production was 114.1 Bcf/d, up 4.1% from output a year ago. That compares with a demand of 82.5 Bcf/d, up 5.1% over the year. The latest US Energy Information Administration inventory data showed stock levels at nearly 200 Bcf above the five-year average.Estimated LNG net flows to US LNG export terminals were 18.9 Bcf/day Monday, up 2.3% from the previous week as maintenance work continues at Freeport LNG.With less of the cooling season remaining for weather to meaningfully tighten balances, the market continues to discount the risk of adequate supply heading into winter, putting disproportionate pressure on Winter 2026-27 pricing, Gelber & Associates said.