EQT Midstream to Build Header Pipeline for Range Resources
EQT Midstream Partners LP plans to build a $250 million, 32-mile natural gas header pipeline for Range Resources – Appalachia LLC in southwestern Pennsylvania.
EQT announced July 23 that the companies entered into a definitive agreement to construct the pipeline to support Range’s dry Marcellus and Utica development. The pipeline will provide more than 500 million cubic feet per day (MMcf/d) of firm capacity and is backed by a long-term firm capacity reservation commitment.
EQT will invest approximately $250 million for the construction of the pipeline and installation of approximately 32,000 hp of compression. The company plans to complete the project in two phases, with Phase 1 expected to be in-service by the third quarter of 2016 and Phase 2 by mid-year 2017. The majority of capital investment is expected throughout 2016 and the first half of 2017.
EQT’s growing pipeline footprint in the region better positions the company to provide cost-effective midstream services to Appalachian Basin producers, according to Randy Crawford, EQT chief operating officer.
“As we continue to expand and extend our pipeline network through organic projects such as the Ohio Valley Connector and the Mountain Valley Pipeline,” Crawford added, “we are building a premier natural gas hub that offers producers in the Marcellus and Utica access to a variety of demand markets.”
Tags: EQT Midstream Partners, Marcellus-Utica, Range Resources - Appalachia LLC
