# Analysis: Permian producers face diverging outlook for oil, gas in 2019

> S&P Global analysis says Permian producers face mixed midstream signals in 2019. Crude takeaway capacity is expected to exceed Permian output by 1 million b/d in 2020, while gas takeaway stays constrained before the GC Express pipeline starts in October. Waha gas forwards are priced in the upper 90 cents per MMBtu for April and May.

- Date: 2019-02-22 · published 2019-02-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/60787-analysis-permian-producers-face-diverging-outlook-for-oil-gas-in-2019
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Oil takeaway capacity relieves pressure on Permian crude and narrows the WTI discount, while constrained gas takeaway keeps regional gas prices weak.

## Read by commodity

- WTI: neutral
- NATGAS: neutral

## Sources

- spglobal.com: https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/oil/022219-analysis-permian-producers-face-diverging-outlook-for-oil-gas-in-2019

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.