Increased utilization of Eureka’s midstream assets is the company’s primary business objective. With 15 interconnects along the 222 mile system, and the ability to add additional interconnects and throughput volumes with minimal Capex dollars, Eureka Midstream is positioned for continued success in the highest growth natural gas basin in North America. No one single producer controls more than 26 percent of total throughput volumes, ensuring fair and equal access throughout the network.
More than 35 percent of Eureka’s revenues are generated under long-term, fixed-fee and fixed-spread natural gas gathering and sales agreements. These agreements are intended to mitigate the company’s direct commodity price exposure and enhance the stability of cash flows. Eureka Midstream will continue to focus on long-term, fixed-fee contracts as the company explores new growth opportunities.