Boston, MA 07/24/2014 (wallstreetpr) – Markwest Energy Partners LP (NYSE:MWE) updated the midstream infrastructure development projects in the Utica and Marcellus Shales. The Company aims to expand to operational facilities to increase the capacity.
In last two years, MarkWest completed 25 major projects with processing capacity of more than 3 billion cubic feet per day and approximately 200,000 barrels per day (Bbl/d) of fractionation capacity from its Marcellus and Utica Shales.
A. Utica Shales
MarkWest operates in the Utica Shales along with The Energy and Minerals Group. The collaborated unit (MarkWest Utica EMG) will start its third-processing plant in the Seneca complex at Ohio. The Seneca complex mostly supported by many producers including Antero Resources, Gulfport Energy, Rex Energy and PDC Energy.
MarkWest Utica EMG’s third plant will increase its processing capacity up to 600 million cubic feet per day (MMcf/d). The unit will expand the capacity by 200 MMcf/d while completing the fourth plant by 2Q2015.
In addition, MarkWest Utica EMG completed the de-ethanization facility having capacity of 40,000 Bbl/d at the Cadiz complex. It will address customers’ requirement of ethane in the downstream segment. The facility will deliver ethane to the ATEX pipeline. MarkWest expects that the plant will be operational in 3Q2014 and anticipates generating cryogenic processing capacity of 325 MMcf/d from the Cadiz complex
B. Marcellus Shales
MarkWest resumed Houston-based Plant III in the Marcellus Shales, which was shut down since May 2014 due the damage of the exchange facility. The Plant III has a cryogenic facility of 200 million cubic feet per day. The Houston processing unit also has the capacity of 98,000 barrels per day ethane.
Going ahead
Markwest Energy Partners LP (NYSE:MWE) expects to complete five additional projects in 2H2014 and will construct eight projects that are likely to start their operation in 2015 onwards.
