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MarkWest Inks New Utica Shale Deal

March 25, 2013
The Intelligencer / Wheeling News-Register

CADIZ - MarkWest Energy has a new deal with Petroleum Development Corp, to provide gathering, processing, fractionation, and marketing services in Ohio's Utica Shale formation.

"We are excited to support PDC in the development of their rich-gas acreage in the southern Utica Shale and continue to rapidly develop significant midstream infrastructure in eastern Ohio," stated Frank Semple, chairman, president, and chief executive officer of MarkWest. "We are committed to providing our producer customers with superior customer service throughout this emerging resource play."

Initial production from PDC's Utica operations will be processed at the Cadiz complex. In the second half of this year, PDC's gas will be transported via MarkWest's high-pressure rich-gas header system to the Seneca complex located in Noble County, Ohio for processing.

In addition to developing high-quality gathering and processing infrastructure on behalf of PDC, during the first quarter of 2014 MarkWest are expected to complete the installation of 100,000 barrels per day of fractionation capacity in Harrison County that will include extensive marketing access by truck, rail, and pipeline.

When completed, MarkWest will have the largest processing and fractionation capacity in the Utica Shale.

 
 

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