A proposed Texas intrastate extension of the Matterhorn Express Pipeline could help preserve stronger pricing at the Katy and Houston Ship Channel (HSC) benchmarks as more natural gas volumes flow from the Permian Basin, according to analysts.

Recent filings with the Railroad Commission of Texas outlined plans for the 193-mile Blackfin Pipeline, which would stretch from Colorado County to Jasper, according to East Daley Analytics analysts.

The project links with the 2.5 Bcf/d Matterhorn project, a 42-inch-diameter greenfield intrastate line to transport Permian volumes west-to-southeast across Texas. Matterhorn, sanctioned last May, is a joint venture between WhiteWater Midstream LLC, EnLink Midstream LLC, Devon Energy Corp. and MPLX LP.

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