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home / news releases / CRAK - Permian Gas Processing Capacity Additions Needed To Catch Up With Increasing Production

CRAK - Permian Gas Processing Capacity Additions Needed To Catch Up With Increasing Production

VanEck Vectors Oil Refiners
  • Upstream activity in the Permian Basin has been on the rise lately.
  • By December 2021, crude oil production in the Permian Basin climbed to an all-time high.
  • New capacity additions will require about $6 billion in capex spending between 2022 and 2026.

For further details see:

Permian Gas Processing Capacity Additions Needed To Catch Up With Increasing Production
Stock Information
Company Name: VanEck Vectors Oil Refiners
Stock Symbol: CRAK
Market: NYSE
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