MarkWest Liberty Midstream and Resources
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A May, 2009 report stated that Mark West Energy and NGP Midstream & Resources LP (M&R) closed a joint venture known as MarkWest Liberty Midstream & Resources. It is to focus on construction and operation of midstream services in support of Marcellus shale gas production for its customers. It is 40 percent owned by M&R and 60 percent by MarkWest and operated by the latter. MarkWest contribued roughly $100 million of its existing Marcellus assets. M&R will contribute $200 million which is roughly the amount needed to fund the project during 2009. MarkWest will invest yet another $200 million by the end of 2011.
Also in May, MarkWest announced several new developments for its Liberty joint venture-
* a new cryogenic plant with throughput of 30 Mmcf/d in southwestern Pennsylvania. (Update: August, 2009 - start-up announced) * a new 80 to 100 Mmcf/d refrigeration plant by year-end-2009. * a 120 Mmcf/d cryogenic processing plant in early 2010 in Houston, PA. * a second 120 Mmcf/d cryogenic plant roughly 30 miles SW of Houston. Also, it already operates: * (Update: August, 2009 -a mechanical refrigeration processing plant with capacity of 40 Mmcf/d. ) * six compressor stations. * three more compressor stations to be added by year-end-2009. MarkWest planed to build natural gas liquids (NGL) infrastructure: * pipeline capacity * storage * rail car and truck loading facility