Mark West Energy
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- | '''MarkWest Energy Partners, L.P.''' builds and maintains gas gathering systems and plants. Their [[Marcellus shale]] assets include refrigeration processing facilities, compressor stations, and miles of high pressure gathering lines. These are dedicated to [[Range Resources|Range Resources']] Marcellus production. | + | '''MarkWest Energy Partners, L.P.''' (NYSE: MWE) builds and maintains gas gathering systems and plants. Their [[Marcellus shale]] assets include refrigeration processing facilities, compressor stations, and miles of high pressure gathering lines. These are dedicated to [[Range Resources|Range Resources']] Marcellus production. |
MarkWest is the leading gas processing company in the Appalachian Basin. | MarkWest is the leading gas processing company in the Appalachian Basin. |
Revision as of 03:42, 10 April 2009
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MarkWest Energy Partners, L.P. (NYSE: MWE) builds and maintains gas gathering systems and plants. Their Marcellus shale assets include refrigeration processing facilities, compressor stations, and miles of high pressure gathering lines. These are dedicated to Range Resources' Marcellus production.
MarkWest is the leading gas processing company in the Appalachian Basin.
According to an October, 2008 report, MarkWest has invested $200 million in this infrastructure project and has already completed a refrigeration plant near Houston in Chartiers Township, Washington County in southwestern Pennsylvania. It will have the capacity of processing 30 million cubic feet (Mmcf) of natural gas per day. Other plans include:
- A cryogenic processing plant with a capcity of 30 Mmcf per day. It will be built next to the refrigeration plant in Chartiers Township. It will produce propane from gas for local southwestern-Pennsylvania consumption using a depropanizer. This will be complete in the first quarter of 2009.
- Another cryogenic plant to extract gas liquids. Its capacity will be 120 MMcf per day and will be done in late 2009.
MarkWest is building two additional plants for Range located on State Route 519, three miles north of Houston, Pennsylvania.
In January, 2009 it was reported that NGP Midstream & Resources LP was investing $200 million of start-up capital in a joint venture with MarkWest for processing Marcellus shale gas. The latter will also invest $100 million of Marcellus assets in the venture.
Frank Semple is the President and CEO of MarkWest.
Randy Nickerson is Chief Commercial Officer.