Pipeline takeaway capacity from the Permian Basin looked to be reduced by nearly 40 percent after two of the largest pipelines in the region had reported problems, with one taken offline after a leak was found early Wednesday morning. On Wednesday, Sunoco Logistics Partners LP’s shut its 300,000 barrel-per-day West Texas Gulf crude pipeline after it discovered an “anomaly” along the line, according to a shipper notice obtained by Reuters. Magellan Midstream Partners LP’s 300,000 bpd Bridgetex pipeline was shut from an estimated 54,000 bpd flow, energy information provider Genscape reported on Wednesday around midday. A spokesman for the company denied the report, saying Bridgetex was operating. He did not specify the pipeline’s throughput. The news pressured cash prices for West Texas Intermediate delivered into Midland, Texas <WTC-WTM> by as much as 70 cents in the day. It was not immediately clear what caused the problem on the Colorado City, Texas to Wortham, Texas, Sunoco Logistics pipeline, but the notice added that crews worked through the night to determine the return to service plan. A Sunoco Logistics spokesman said in an email that the timeline for return to service and the effect on customers had not yet been determined. Traders said inventory levels in West Texas have seen rapid builds in recent weeks, particularly as high levels at storage tanks at the Cushing, Oklahoma, hub have forced traders to find storage space elsewhere. The pipeline backlog in the Permian pressured WTI Midland prices. WTI at Midland for March traded as low as $2.35 a barrel under the front-month light-crude contract on Wednesday compared with Tuesday trades between $1.65 and $1.90 a barrel under WTI. The impact of the decreased takeaway could be offset by reduced output as cold weather in West Texas. Estimated oil production from the Permian Basin fell by an estimated 80,000 bpd to around 1.68 million bpd on Monday because of the cold weather, according to estimates based on gas flow data and models from LCI Energy Insight. Output rose again to around 1.7 million bpd on Tuesday, according to the data from LCI President George Lippman.