Summit Midstream Partners, formed in 2009 and headquartered in The Woodlands, Texas, operates natural gas, crude oil, and produced water gathering (pipeline) systems in several unconventional shale plays, including the Marcellus and Utica. Last week Summit issued its fourth-quarter (and full-year) 2020 update. One thing was obvious: The company’s Utica Shale segment was the star performer in 4Q and for the entire year.
Summit Midstream Partners, formed in 2009 and headquartered in The Woodlands, Texas, operates natural gas, crude oil, and produced water gathering (pipeline) systems in several unconventional shale plays, including the Marcellus and Utica. Last week Summit issued its fourth-quarter (and full-year) 2020 update. One thing was obvious: The company’s Utica Shale segment was the star performer in 4Q and for the entire year.