The Permian basin has been the hottest play in the U.S. over the last 6 years. Enkon’s Permian quarterly NGL benchmarking report provides granular insights into Permian NGL supply, infrastructure, logistics, pricing, disposition and outlook. While the transformation and progress of this basin has been fast and furious thus far, challenging times lie ahead…

Where we’ve been to where we are:

Permian producers have fine-tuned drilling and completion techniques as evident from the impressive reductions in lease operating expenses, and low breakeven thresholds to make Permian one of the most productive oil plays in the United States. Permian processed gas production has doubled in the last three years, reaching 15.0 Bcf/d for 4Q 2019. As wet production has increased, so has the processing infrastructure to handle this supply.