The midstream enters 2018 asking a lot of questions. Will demand continue to grow? Where are the new markets? Will opponents “keep it in the ground?” The answers may not come for a while.
Crude oil exports alone may increase to 4 MMbbl/d by 2022, according to recent remarks by Enterprise Products Partners LP, as the world demands more light sweet crude.
The Stack bustles as the industry finds some positive, Permian-like qualities to the Midcontinent’s best play. Attractive costs and infrastructure also boost the region’s other unconventional prospects.
Alan Armstrong is president and CEO of The Williams Cos. Inc.
Publicly held midstream operators fared much better in our second annual review of a sector preparing for an active 2017. C corps continued to dominate the little-changed Top 10 of the rankings, while compressor services firms joined the list.
New ethane cracking capacity will provide one answer to the gas liquids demand question.
What’s going to happen? Midstream executives try to set realistic spending plans for an uncertain year.
Private equity has kept the capital flowing during midstream’s shale boom-induced buildout. Its importance may continue after the turnaround.
EnLink Midstream Chairman and CEO Barry Davis emphasizes that success always starts with people.