MarkWest Announces 2 Processing Plant Expansions in WV, 400 Mmcf/d
Yesterday MarkWest Energy, arguably the biggest midstream company in the Marcellus and Utica Shale, announced it will expand two of its existing natural gas processing plants, both plants in West Virginia. At the request of Antero Resources, MarkWest will expand the Sherwood plant in Doddridge County by an extra 200 million cubic feet per day (Mmcf/d) of processing capacity. At the request of EQT, MarkWest will expand the processing capacity at the Mobley plant in Wetzel County by an additional 200 Mmcf/d. It means that Marcellus drillers are confident enough to bet big money on long-term contracts with MarkWest that the amount of gas they're producing is going up--for years to come.
In yesterday's announcement MarkWest noted that they currently have 17 major projects under way in the Marcellus/Utica, and that 11 of those projects will be completed this year. Here's the details on the Sherwood and Mobley expansions...
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