Remove 2028 Remove Barrel Remove Transportation
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ONEOK’s Expanding Footprint in the Permian Basin

Oil Gas Leads

West Texas NGL Pipeline Expansion The West Texas NGL pipeline is being expanded to 740,000 barrels per day (bpd) to accommodate increasing NGL production. ONEOK expects higher ethane recovery rates , further increasing the volumes transported. This synergy allows for lower-cost crude transportation and higher margins.

Basin 52
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Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and What’s Behind the $105 Billion in Oil Deals?

Rextag

This pipeline has significantly reduced flaring, stabilized natural gas prices at the Waha hub, and enabled higher oil production by ensuring gas associated with oil drilling can be transported efficiently. The first projects are expected to be operational by 2028. WTI Forecast: Expected to average around $70 per barrel.

Basin 40