Wednesday, May 20, 2020 5:16:04 PM
Parsley Energy (NYSE:PE), which shut in 5-7 thousand barrels per day (MBpd) in March and April and guided to another 23 MBpd of curtailments in May, does not expect to incur any deficiency payments related to its transportation commitments, implying that the producer will meet any commitments to its midstream service providers. Additionally, the lack of government-mandated curtailments is an incremental positive for midstream.
https://seekingalpha.com/article/4348899-how-will-oil-production-shut-ins-impact-midstream
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