Monday, August 18, 2014

New Midstream Infrastructure Provides Access to Premium Market Outlets for Utica-Focused Producers


ENLINK MIDSTREAM ANNOUNCES NEW 45-MILE CONDENSATE PIPELINE IN OHIO RIVER VALLEY; ADDS COMPRESSION AND STABILIZATION FACILITIES   DALLAS, August 18, 2014— The EnLink Midstream companies, EnLink Midstream Partners, LP (NYSE:ENLK) (the Partnership) and EnLink Midstream, LLC (NYSE:ENLC) (the General Partner), today announced plans to construct a new 45-mile, eight inch condensate pipeline and six natural gas compression and condensate stabilization facilities that will service major producer customers in the Utica Shale, including Eclipse Resources. The total investment for the expansion project is over $250 million, roughly doubling the capital EnLink Midstream has invested in the Ohio River Valley to more than $500 million. “This new expansion project is a major step forward for EnLink, as it enables us to build upon our existing asset platform and take advantage of the tremendous growth opportunities in the Utica Shale,” said Barry E. Davis, EnLink Midstream’s President and C
http://www.shaledirectories.com/blog/new-midstream-infrastructure-provides-access-premium-market-outlets-utica-focused-producers/

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