Crude oil and natural gas production in the United States have grown at a CAGR of more than 5% and 3.5% respectively during 2006-2018. This has led to significant investment in the midstream sector to transport, especially for gas and process the additional production. Major factors driving the market include an extensive drilling program in the shale reserve and low breakeven prices. However, the market is experiencing hindrance, due to the delay witnessed by the oil and gas pipeline projects.

• The shale revolution in the United States and recovery in international crude oil prices over the past few years led to an increase in the oil and gas production. Hence, there is an increasing need to expand the existing pipeline network in the country.
• In the United States, the majority of the pipeline, which is planned for 2019 and 2020, will connect the Permian Basin with the Gulf of Mexico.
• Shale revolution in the United States and recovery in international crude oil prices over the past few years led to an increase in the oil and gas production. Hence, there is an increasing need to expand the existing pipeline network in the country.