Matterhorn Express pipeline begins flowing to ease Permian gas bottleneck

The Matterhorn Express pipeline, expected to help unclog the Permian Basin’s natural gas bottleneck for the next two years, has started flowing, according to one of the region’s E&P executives. During a Sept. 3 presentation at the Barclays 38th Annual CEO Energy and Power Conference, Permian Resources co-CEO Will Hickey mentioned that a small amount of natural gas was flowing on the Matterhorn Express. Hickey was discussing the negative natural gas prices at the regional Waha pricing point located near Pecos, Texas, when he dropped the news. In a shale play, the ratio of natural gas to oil increases as the well ages. Permian natural gas pipeline egress has been at capacity since the latter half of 2023.