MarkWest’s Multi-Billion Dollar Investment in Utica/Marcellus
As we’ve been hearing for some time now, midstream (pipelines and processing plants) will be the dominant theme and focus of the Marcellus and Utica Shale for 2013 and likely beyond. A lot of wells have been and continue to be drilled in the Utica and Marcellus. Those wells now require pipelines to carry the gas and gas liquids to market, and processing plants to get the gas and gas liquids ready for market. MarkWest Energy is one of the midstream companies answering the call.
MarkWest plans to invest $1.8 billion in new infrastructure this year in the Utica Shale region, after investing nearly $2 billion last year: