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Permian Natural Gas Price Boost? Waha Pipeline Eyes Midcontinent Markets

Natural Gas Intelligence · last updated

A midstream firm is looking to send natural gas northward from West Texas, joining up the Permian and Anadarko basins through a series of existing pipelines.

Natural Gas Intelligence's (NGI) natural gas forward curve chart showing basis price forecasts for hubs key to the West Texas market.

Dallas-based Producers Midstream II LLC has launched an open season on its Palo Duro Pipeline subsidiary, offering firm transportation service. The firm is targeting an in-service date in the first quarter of 2026.

“The Palo Duro Pipeline, utilizing existing infrastructure without new construction, will add approximately 80,000 MMBtu/d of FERC-jurisdictional interstate takeaway capacity out of the Permian’s Waha hub,” Producers Midstream CEO Matt Flory told NGI.

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