Analysts continue to focus on the surging oil production in the Permian and looming takeaway capacity bottlenecks that could slow down the oil growth in the biggest U.S. shale play. But constraints have also emerged in natural gas takeaway infrastructure, with pipelines nearly full and natural gas prices in West Texas diving on oversupply. Pipelines will not be able to handle all the excess associated gas from the soaring oil production, so the Railroad Commission of Texas is currently considering whether to keep the strict gas flaring limits or to loosen them. The Commission issues flare permits for 45 days at a time, for a maximum limit of 180 days. Currently, the natural gas pipelines in the Permian are 98 percent full, according to Bloomberg estimates. The Commission that oversees Texas’s oil fields hopes to reach a decision on whether to loosen flaring regulations in six months when the […]