Apache CEO on the Permian Pipeline Bottleneck, Costs of Flaring

The video discusses the challenges of transporting oil from the Permian Basin to the US Gulf Coast due to pipeline capacity issues, leading to price differentials. Apache aims to increase production significantly but faces challenges with pipeline infrastructure. The company is planning strategically to ensure adequate flow and pricing, considering options like trucking. Apache is also working on expanding pipeline capacity and managing midstream assets, with plans to maintain control while allowing minority equity investments.

What are the main challenges faced by oil companies in the Permian Basin regarding pipeline capacity?

What factors contribute to the differential between oil and natural gas prices in Texas?

How does Apache plan to increase its oil equivalent production in the next two years?

What strategies does Apache CEO John Crissman mention for ensuring adequate pricing and flow of oil?

What is the significance of the Epic pipeline mentioned in the discussion?