Summit Midstream 3Q – Legacy Marcellus Segment Star Performer
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 Friday Summit issued its third-quarter 2020 update. Interestingly, the gas flowing through the company’s Marcellus and Utica operations increased (a lot), while volumes flowing through the company’s other operations decreased (a lot) in 3Q.
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In June, Weatherford International, the world’s fourth-largest oilfield services (OFS) company, announced that its CEO, Mark McCollum, had suddenly “left” the company (see 
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The Sierra Club, backed with money from Russia (see 
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We’ve 
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