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As the Permian basin's crude oil, NGL and gas production reaches the highest level since 1990's, and new shale plays such as the Cline are continuing to further drive production volumes, both producers and midstream operators are urgently seeking the most efficient takeaway infrastructure solutions for taking the products to optimally priced markets. More pipeline projects are constructed and continually being planned, and now, railroads are being hailed as the next transportation method to allow producers to take advantage of oil price differentials by moving crude from inland oil fields to coastal refineries that pay higher prices.
The mission of the 2nd Annual Permian Basin Markets & Takeaway Infrastructure Congress is to build communication among E&P, Midstream companies and refiners operating in and around the Permian Basin to identify optimal markets for crude oil, NGL products and natural gas, identify the most efficient takeaway options for taking them to the most lucrative markets and drive forward infrastructure build out.
Over two days, E&P and midstream strategic professionals will gather to deliver the latest crude oil, NGL and gas production profiles, the latest timings, capacities and locations of pipeline takeaway, crude-by-rail takeaway and processing infrastructure. Speakers and delegates will have the opportunity to communicate with the refineries to assess the quality and quantity of products being accepted and evaluate both micro and macro factors affecting midstream investment to mitigate risk in new ventures and enable the more rapid development of infrastructure.
For more information on this exciting initiative, please click here.