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.