Oil production in the Permian Basin is expected to rise to 4.7 million barrels per day by the end of 2019. The West Texas region located along the Plains Basin Pipeline is a critical juncture where Permian crude can be delivered to refineries along the Gulf Coast or to Cushing for storage. This is a key factor in understanding the developing supply chain and its market impacts. Our unique weekly report provides inventory measurements down to the tank and operator level for the Midland, McCamey, Crane, Colorado City, Odessa, Wichita Falls, and Wink terminals. The report also includes a detailed breakdown of capacity to paint a clear and comprehensive picture of the current levels at each hub.
Access periodic infrastructure updates on the build out of storage in West Texas:
- Watch PADD 3: Get insight into PADD 3 supply fundamentals with specific, granular inventory measurements, in key production regions.
- Stay Up-to-Date: Get regular intel on storage capacity and utilization with periodic infrastructure intelligence reports in this expanding region
- Anticipate Activity: Understand the developing supply chain in the U.S. Gulf Coast and where potential bottlenecks may occur.
Use fundamental weekly storage data to build a picture of market conditions. See availability to pipelines, spot bottlenecks, or other market moving data releases.
Generate and maintain supply and demand balances by using storage inventory data to track inter-regional movements.
Mitigate risk by understanding potential supply and demand imbalances via inventory data. Weekly inventory data can provide insights and guidance for crude oil price hedging, crack spread hedging, and spot market activity and price hedging.
Assess less noisy financial positions with exposure to crude oil prices.
INDEPENDENT & iNTEGRATED OIL COMPANIES:
Stay updated on inventory assets and their utilization rates throughout the Mid-Continent region. Assess the potential for regional bottlenecking or overbuilding as storage capacity dynamics evolve.
Understand the need for potential new storage capacity or the risk of overbuilding by analyzing competitors' utilization rates. See where spare storage capacity exists weekly.
EXPLORATION & PRODUCTION companies:
Mitigate risk of limited storage capacity in key market hubs by analyzing storage utilization rates and effective capacities.