Throughput Volumes Reach 1.5 Billion Cubic Feet Per Day
HOUSTON, Oct. 22, 2018/PR Newswire/ — Eureka Midstream, LLC (Eureka Midstream) announced today that natural gas throughput on its gathering systems in the heart of the Marcellus and Utica shale plays has increased in excess of 1.5 Bcf/d.
Chris Akers, President of Eureka Midstream commented, “Increased demand for natural gas transportation along our Marcellus and Utica footprint continues to drive record throughput volumes for Eureka Midstream. In the past twelve months, we’ve seen throughput volumes increase 72%, from approximately 870,000 Mcf/d to a level above 1.5 Bcf/d. This demonstrates the commitment of our producer customers to drill in the Eureka Midstream footprint, which encompasses core areas of the Marcellus and Utica in Ohio and West Virginia. The Eureka Midstream footprint consists of some of the lowest cost natural gas and natural gas NGL production economics in the world.
Eureka Midstream also announced two new interconnects that tie into the high-demand Rover and Leach XPress interstate transmission pipelines located in Monroe County, Ohio. These two new interconnects add 700,000 Mcf/d of additional delivery point capacity into the key takeaway markets for Eureka Midstream customers.”
Deliveries of natural gas into TransCanada’s Leach XPress pipeline through a new delivery point interconnect started in January 2018. The Leach XPress pipeline transports gas to distribution markets serving consumers in the U.S. Midwest and in the Gulf Coast, creating the potential for better netback pricing for our customers.
Eureka Midstream also commenced deliveries of natural gas into Energy Transfer’s Rover pipeline. Rover carries natural gas from the Marcellus and Utica to markets across the United States, as well as Canada. The Eureka Midstream delivery interconnect design capacity into Rover is 350,000 MMBTU/d.
In addition, Eureka Midstream constructed and placed in service a 1 Bcf/d receipt interconnect and connector pipeline with Ohio River System (ORS), providing takeaway for natural gas from the ORS facilities via the Eureka Midstream system.
Akers continued, “In total, Eureka Midstream now has 15 receipt and delivery interconnects designed to provide our customers with increased pricing power and downstream optionality. Eureka Midstream can deliver natural gas to all major markets nationwide. Completion of these interconnects was a key business strategy of connecting the supply of the Appalachian Basin with the markets our customers demand. As always, one of our core values is relentless focus on providing the highest quality service to our customers, and we believe that providing them the highest degree of market optionality provides them with a competitive advantage.”
Eureka Midstream will be attending the SHALE INSIGHT™ 2018 conference in Pittsburgh on October 23-25th. Individuals who would like to meet with Eureka Midstream should email Charlene Dickerson, Marketing & Communications Manager at cdickerson@EurekaMidstream.com.
About Eureka Midstream
Eureka Midstream, LLC is a Houston, Texas based midstream company focused in the Appalachian Basin. The Company is currently active in two of the most prolific unconventional shale resource plays in North America, the Marcellus Shale and Utica Shale primarily located in Northwest West Virginia, Southwest Pennsylvania and Southeast Ohio.
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 email@example.com
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