Valve Magazine

Wed07292015

Last updateWed, 29 Jul 2015 2pm

Back You are here: Home News Industry Headlines End-User News Deloitte: Shale Production Reinvigorating Midstream Growth

End-User News

Deloitte: Shale Production Reinvigorating Midstream Growth

The surge in domestic production of shale gas and tight oil – resulting from the technological advances in hydraulic fracturing and horizontal drilling – has created an unprecedented demand for infrastructure to connect these newfound resources with refineries and processing plants. As a result, according to a new report from the Deloitte Center for Energy Solutions, the midstream sector, once expected to enter a stage of maturity by 2006, has entered a high-growth phase requiring significant amounts of capital investment to meet growing infrastructure needs.

Midstream is now the third largest sector of the U.S. oil and gas industry, behind the supermajors and large independents. During this transformative period, "midstream majors" will emerge, equal in size, market power and strength to some of their counterparts in the upstream sector.   

New Products

 

Valve Magazine Digital Edition

Valve Magazine Summer 2015Inside the Summer 2015 issue…

• Critical Service
• Effects of Flashing/Cavitation
• Coatings and Wastewater Apps
• The Latest in R&D

CLICK HERE TO REQUEST YOUR
DIGITAL EDITION PREVIEW EMAIL