After regularly setting production records in 2023, analysts expect E&Ps to slow production as prices drop and wait for new LNG export facilities to come online.
The booming Permian Basin is churning out more crude oil than ever after recovering from the ongoing coronavirus pandemic, but future growth will depend on the buildout of constrained natural gas pipeline gathering and processing systems within the basin, energy executives and analysts said. Following years of massive buildout of long-haul crude pipelines, natural gas .