Eureka Midstream today announced that it has commenced operations on a new natural gas facility located in Monroe County, Ohio. The new facility, strategically positioned in southeastern Ohio’s Utica Shale, will transport natural gas for Statoil, a Norwegian multi-national oil and gas company with operations in more than 30 countries around the world. The new state-of-the-art facility, equipped with both measurement and dehydrations capabilities, ensures the delivery of high-quality natural gas through Eureka’s high-pressure backbone. Initially equipped to flow 160 MMcfe/d, the new facility is designed to manage as much as 500 MMcfe/d thus enabling additional E&P operators to gain access to the competitive natural gas marketplace.
Chris Akers, President and Chief Operating Officer of Eureka Midstream said, “Eureka’s new natural gas facility is an important step forward as more E&P operators begin to redeploy capital back into the basin. After a lengthy industry downturn, operators are busy seeking safe, efficient and cost-effective solutions to move their natural gas. Eureka’s state-of-the-art system, with a total of 10 interconnects is well-positioned to serve new and existing customers in the Appalachian basin.”
In an effort to either maintain or boost flow rates, Eureka Midstream will introduce compression in 2018. The compression equipment is designed to provide optimized flow rates after wells have been producing for a period of time.
In addition, the Cain Ridge facility is designed and operated with the latest safety features. Each of the components (vessels, pipe, nuts, and bolts) are evaluated on a regular basis to ensure maximum efficiency and safety throughout the system. Remote monitoring sensors are installed throughout the Eureka’s facilities to monitor, adjust, or shut-down the system in times of emergency.
During the construction phase, Eureka Midstream maintained its commitment to the community by employing approximately 110 people including general contractors, engineers, utility personnel, equipment representatives, civil employees, fencing, and inspection personnel. Additionally, Eureka built the facility with innovative and progressive construction practices, providing for minimum impact to the environment.
Melissa Richey, Executive Vice President of engineering and construction said, “Eureka’s state-of-the-art Cain Ridge natural gas facility advances the Company’s mandate along several fronts. First, we provide a superior service for our new client while continuing to provide services for our rich and lean gas customers in Appalachia. Second, we maintained our commitment to quality and safety. And last but not least, we work hard to support and work with the local communities in which we operate.”
On April 10, 2019, EQM Midstream Partners, LP (NYSE: EQM), a subsidiary of Equitrans Midstream Corporation (NYSE: ETRN), closed the transaction to acquire a 60% interest in Eureka Midstream Holdings, LLC (Eureka Midstream) and a 100% interest in Hornet Midstream Holdings, LLC (Hornet Midstream).
As integration activities begin, keeping safety our number one priority and ensuring business continuity will be of utmost importance. During the transition process, there are often questions that arise from our various stakeholders – please use the information below to receive assistance:
Emergency Contact: During the transition period, all emergency calls will continue to utilize Eureka’s Gas Control at (800) 269-6673. Additional emergency contact information will be provided once the transition is complete.
Customers: During the transition period, current Eureka Midstream customers may continue to visit Eureka’s Customer Activities website to place nominations and view notices.
Property Owners (Landowners): Any questions or concerns regarding your Eureka Midstream right-of-way agreement or land lease may be directed via email to OwnerRelations@equitransmidstream.com. Additionally, please feel free to visit the ETRN Owner Relations website for a listing of frequently asked questions.
Vendors/Suppliers: For additional information regarding procurement services or questions regarding existing contracts, please email SupplyChainContracts@equitransmidstream.com.
Business Development Inquiries: Please email Paul Kress or call 412-395-3232.
Media Inquiries: For acquisition-related and/or general media inquiries, please email Natalie Cox.
General and Community Inquiries: Please direct your inquiry via email to firstname.lastname@example.org
Investor Inquiries: Visit the Investors page on our respective ETRN or EQM websites for contact information, investor presentations, earnings releases, and SEC filings.
Equitrans Midstream Corporation (ETRN) has a premier asset footprint in the Appalachian Basin and is one of the largest natural gas gatherers in the United States. With a rich 135-year history in the energy industry, ETRN was launched as a standalone company in 2018 and, through its subsidiaries, has an operational focus on gas gathering systems, transmission and storage systems, and water services assets that support natural gas producers across the Basin. ETRN is helping to meet America’s growing need for clean-burning energy, while also providing a rewarding workplace and enriching the communities where its employees live and work. ETRN owns the non-economic general partner interest and an approximate 60% limited partner interest in EQM.
For more information on Equitrans Midstream Corporation, visit www.equitransmidstream.com
EQM Midstream Partners, LP (EQM) is a growth-oriented limited partnership formed to own, operate, acquire, and develop midstream assets in the Appalachian Basin. As one of the largest gatherers of natural gas in the United States, EQM provides midstream services to producers, utilities, and other customers through its strategically located natural gas transmission, storage, and gathering systems, and water services to support energy development and production in the Marcellus and Utica regions. EQM owns approximately 950 miles of FERC-regulated interstate pipelines and approximately 2,200 miles of high- and low-pressure gathering lines.
For more information on EQM Midstream Partners, LP, visit www.eqm-midstreampartners.com