Permian production to rise amid higher Matterhorn flows
Production in the Permian Shale, one of the largest U.S. unconventional oil and gas plays, is set to rise as the Matterhorn Express Pipeline ramps up facilitating greater gas flows to liquefaction facilities along the Gulf Coast.
$2.5bn Vaca Muerta Sur pipeline to bolster production growth
Argentina’s Vaca Muerta basin has seen shale oil production rise 35% yoy in the third quarter to 400,000 barrels per day (bpd) due to productivity gains. To sustain growth, the $2.5 billion Vaca Muerta Sur pipeline is being developed to expand takeaway capacity from the field to global markets.
Awaiting new Appalachia takeaway capacity
U.S. shale gas developer eagerly await new Appalachian takeaway capacity to come online so the region can provide the bulk of 2018’s dry production growth. Delays of the $4.3-billion Rover Phase-2 pipeline project impact on the anticipated 4.0 bcf/d gains in shale gas output from the Appalachia region.
