ENLINK MIDSTREAM BEGINS OPEN SEASON FOR OHIO RIVER VALLEY CONDENSATE PIPELINE SYSTEM PROJECT

FOR IMMEDIATE RELEASE DECEMBER 17, 2014 Contact: Jill McMillan, Director of Communications and Investor Relations Phone: (214) 721-9271 Jill.McMillan@enlink.com ENLINK MIDSTREAM BEGINS OPEN SEASON FOR OHIO RIVER VALLEY CONDENSATE PIPELINE SYSTEM PROJECT DALLAS, December 17, 2014 — Ohio River Valley Pipeline, LLC, an affiliate of the EnLink Midstream companies, EnLink Midstream Partners, LP (NYSE:ENLK) (the Partnership) and EnLink Midstream, LLC (NYSE:ENLC) (the General Partner), today announced the start of a binding open season for volume commitments for interstate common carrier transportation service on a new condensate pipeline system (the “ORV Condensate Pipeline”). The ORV Condensate Pipeline will transport condensate from points in Harrison, Belmont, Guernsey, Noble, Monroe, and Washington Counties, Ohio to Bells Run Station in Washington County, Ohio, Black Run Station in Muskingum County, Ohio, and, if Ohio River Valley Pipeline, LLC elects to construct extension(s) of
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Is Midstream Business the Answer to Dwindling Local Economies?

Midstream business provides opportunities for unskilled and highly skilled workers in large shale plays. Notably, the midstream sector is growing quickly to meet demand, and local governments have found a way to bring sustainable commerce to dwindling economies. In many instances, it is a win-win situation. Large mining operations do not have to actively relocate an entire workforce, and local workers can find jobs that require different levels of skill, especially when various subsets of midstream industry are included. The demand for ongoing transportation and new infrastructure is growing rapidly. Mining plays need to be able to quickly and easily connect with the right subcontractors across the United States. After all, recruiting and relocating an entire workforce is highly costly and almost always highly inefficient when existing semi-skilled or unskilled sources of labor can be readily utilized. States That Have Expansive Wealth Trapped Underground or Upstream Midstream operati
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Notable Challenges and Rewards in Eagle Ford

Everything about Texas seems to be big, and Eagle Ford shale is no different. The play is geographically big, and it covers about 20,000 square miles in South-Central Texas. It also covers 25 counties. Not to mention, its expenditures were approximately $28 billion as year 2013 came to a close. Similarly, the production of a play roughly the size of the country of Croatia is nothing to sneeze at. In late 2013, Eagle Ford boasted 1 MMboe/d, beating Bakken to the chase. Some experts predict Texas could become the world’s second largest producer of oil, just behind the Kingdom of Saudi Arabia. The Texas oil enterprise has a small problem. In fact, it is so small it cannot be seen with the naked eye.
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Current Events: Bringing Oil Back to the United States

Currently, the State of Texas alone could shortly be the world’s second largest producer of crude oil and natural gas to Saudi Arabia. Large operations such as Eagle Ford account for over 10 percent of the state’s total economy, and statistics suggest the shale boom is not going to go away any time soon. Unlike other types of mining efforts, U.S. political activists clash over shale mining. Environmental activists are not especially fond of the idea of the amount of water used, and local political activists are especially fond of the prospect of viable jobs in local communities. Lobbyists actively represent enterprises and the idea of domestic oil and gas mining as a solution to the energy crisis and ongoing lack of gainful employment in select (and often remote) geographic areas. Politicians, Activists, Businesses, and Lobbyists All See Dollar Signs In the end, shale mining is highly profitable in the U.S. Billions of dollars are spent on operations, mergers, and new infrastructu
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Could Midstream Business Be the New “New Deal”?

The crude oil and natural gas mining industry is difficult to ignore. Shell recently sold share gas rights in shale formations in the Marcellus and Utica shale formations in addition to its gas rights in Louisiana. The two transactions were separate, and they totaled $2.1 billion. Mining crude oil and natural gas is not like trying to strike gold. The Shale Boom is well underway, and the funds are real. There is a distinct possibility that midstream business could be the next New Deal, which largely dragged the United States out of the Great Depression in the 1930s. Why Midstream Transport and Infrastructure Is Integral to Continuing Operations Safe and effective transport of products to pipelines is an ongoing necessity for mining operations. Similarly, it is almost impossible to justify the cost of building lasting pipes and other infrastructure until there is enough product to fill the pipes. In the interim, the midstream sector is directly responsible for shipping crude oil and na
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Sustainable Domestic Products Bring Funds to Rural Areas

According to the U.S. Energy Information Administration, the production of natural gas liquids from the Utica and Marcellus Shales is anticipated to exceed 650,000 barrels per day by year 2016. Numerous projections for wet gas production are astounding, especially in West Virginia and Ohio. The anticipated amount of oil and gas reserves in the Utica and Marcellus Shales could set new precedents for production records, but the massive growth is not only good news for energy enterprises. It is phenomenal news for midstream businesses and local communities. A Race to Take Advantage of the Shale Boom Various enterprises are quickly building new infrastructure to keep up with production, but permanent infrastructure cannot currently meet all needs. Midstream businesses have numerous opportunities to thrive when providing services for transportation and services for permanent infrastructure. There are some new players in the industry, which are mostly in the midstream sector. Rising concern
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Is OH ready to explode?

In looking at ODNR’s weekly, report there are 29 permits for building well pads. It shows that there are 51 rigs in Ohio. Baker Hughes reports that there are 41 working rigs in OH which means 10 rigs are sitting around waiting to drill. When you read further in Facts & Rumors, you’ll see that Gulfport is finding it hard to expand in the Utica. While Gulfport was making those comments, EV Energy Partners stated it will be selling all of its Utica Shale assets. Stay tuned it’s going to be an interesting year in Ohio. Joseph BaronePresidentShaleDirectories.com 610.764.1232 jbarone@shaledirectories.com www.shaledirectories.com The post Is OH ready to explode? appeared first on Shale Directories.
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