News & Resources
Pinnacle Midstream Sees Activity Uptick in its Midland Basin Footprint
Midland Reporter-Telegram
Consolidation among Permian Basin oil and gas operators has had an impact on drilling activity, in turn impacting production volumes for midstream companies. Pinnacle Midstream, however, says it is benefiting from the changes. “We’ve seen a huge increase in drilling activity on our acreage. We have 11 rigs on our system,” Drew Ward, partner and chief commercial officer, reported.