Plains All American: Permian To See Strong Production Growth Over Next Few Years

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Plains All American: Permian To See Strong Production Growth Over Next Few Years

The biggest oil-producing region in the United States, the Permian, is expected to add around 600,000 barrels per day (bpd) annually to its crude production over the next few years, Willie Chiang, Chairman and CEO at Plains All American Pipeline, said this week. "We expect the basin to add approximately 600,000 barrels a day annually for the next several years, and our asset base built over decades is well-positioned to capture future growth with meaningful operating leverage and modest capital requirements," Chiang said on the pipeline...

Source: Plains All American: Permian To See Strong Production Growth Over Next Few Years

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