Sentences with phrase «takeaway capacity offline»
S&P Global Platts reports that two crucial pipelines servicing the Permian Basin — the BridgeTex and Longhorn pipelines — saw operations suspended, taking 650,000 bpd of takeaway capacity offline.
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Eagle Ford shale drillers were forced to shut in some shale output as both the takeaway capacity (i.e., pipelines) and Gulf Coast refineries went offline, backing up crude at the wellhead.