Midstream (pipeline) business in the Marcellus and Utica Shale in 2014

The Marcellus and Utica Shale Provide Booming Opportunities in Midstream Development There are three basic stages of development in the shale oil and gas industry. Exploration and production is called upstream, which is the first stage. Next is midstream, involving the processing, storage, transportation and marketing of natural gas. The final stage is called downstream, and this is where the finished product is taken through the sale. The Marcellus and Utica Shale plays have already produced enough natural gas to cause an upstream revolution of sorts. This overwhelming production has far surpassed the midstream capacity. The result of this disruption is an urgent push to construct processing plants, storage facilities and pipeline to get the new supply of natural gas to market. The oversupply on the upstream end comes from new hydraulic fracturing technologies at work in both shale plays. The current technologies are not even meeting the production potential, and the race is on upstr
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