New Midstream Company Coming to Marcellus-Utica? Maybe

A brand new midstream (i.e. pipeline) company called Mettle Midstream Partners has just launched. Two private investment firms, Pearl Energy Investments and Natural Gas Partners, are investing a cumulative $100 million in the new venture. Quite a vote of confidence! Mettle is based in Dallas, TX, but is looking to buy or build “first-class midstream assets in resilient unconventional plays across the U.S.” Will one of those areas be the Marcellus/Utica? Consider this: The company’s president and chief commercial officer has worked in a number of shale plays, including the Marcellus/Utica. While the company doesn’t specifically say they are targeting our region, we think it’s a pretty safe bet they are…
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