|2019-04-12 来源： 中国石化新闻网|
徐蕾 摘译自 普氏能源资讯
Disparity between Permian oil and gas prices continue to grow
The price gap between Permian Basin oil and gas will continue to widen as steady demand for crude continues to overwhelm oversupplied natural gas markets, an analysis by S&P Global Platts showed Monday.
Permian natural gas prices have fallen to record lows as planned maintenance on key transmission lines strands gas, forcing some regional gas processing plants to flare, according to recent filings with Texas state regulators.
However, as takeaway crude pipeline capacity grows, so does demand for oil, pulling up gas production along with it.
Disparity between value of the two hydrocarbons will be heightened by a spate of work on natural gas takeaway pipelines planned for April. This will further depress natural gas prices while Midland oil prices are likely to rise as more takeaway capacity comes online to carry it to US Gulf Coast refiners and export markets.
April's Permian crude production is expected to reach 4.177 million b/d, according to Energy Information Administration data, up 8,000 b/d from March while April natural gas output will increase to 14,075 MMcf/d from March's 13,859 MMcf/d.