Eureka Midstream Continues Upward Operations Trajectory
Throughput Volumes Reach 1.5 Billion Cubic Feet Per Day
HOUSTON, Oct. 22, 2018 /PRNewswire/ -- 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 [email protected].
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.
SOURCE Eureka Midstream
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