Come Dancing - Which Permian Gas Pipeline Projects Have the Best Chance to Cut Down the Nets?

RBN Energy Blogcast

It’s that time of year, folks! March Madness is upon us — time to reboot the office pool and fill out your brackets. And not just for the NCAA Tournament field announced Sunday night, but for the natural gas pipeline projects out of the Permian you think will make it to the Elite Eight or even the Final Four. Matterhorn Express is like the UConn of the bunch as the reigning men’s champ with a chance of repeating — it’s already under construction and slated to come online later this year — and the odds for a Gulf Coast Express expansion look mighty good too, just like record scorer Caitlin Clark and her Iowa Hawkeyes are hoping to build on last year’s run to the women’s championship game. And don’t forget Energy Transfer’s Warrior and Targa’s Apex! Their names alone suggest a fightin’ spirit and a desire to make it to the top. But as we all know from our past bets on the Big Dance, there’s no such thing as a sure thing, especially in the topsy-turvy world of midstream project development, and it’s entirely possible an unknown — the pipeline equivalent of a 16th seed — will be among those cutting down the nets. In today’s RBN blog, we discuss the need for new gas pipeline egress from the Permian and assess the pros and cons of the projects that have a bid.