Open Season Begins for ORV Condensate Pipeline in Ohio
Ohio River Valley Pipeline LLC, an affiliate of the EnLink Midstream companies, announced the start of a binding open season for volume commitments for interstate common carrier transportation service on a new ORV Condensate Pipeline system.
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 its system, to one or more connecting facilities in Holmes, Coshocton, and Harrison counties in Ohio.
“The ORV Condensate Pipeline enhances our position for substantial growth in the Utica and Marcellus shale plays, where we are successfully executing on our growth strategy to provide crude, condensate and brine solutions via our pipeline system, extensive truck fleet, rail terminal and barge facility,” said Barry E. Davis, EnLink Midstream President and CEO. “It is a major step forward for EnLink and one that positions us in the heart of the gas and condensate production fairway in this region. This project will create significant value our customers by providing multiple take-away options for stabilized condensate and access to premium priced markets.”
The design capacity of the ORV Condensate Pipeline will be dependent upon the level of interest shown by potential committed shippers during the open season. The open season began Dec. 17 and closes at 5 p.m. Central Time, Jan. 15, 2015.
A complete description and additional details regarding the ORV Condensate Pipeline, including a Notice of Open Season, are available by contacting Scott Walker at 214-721-9468 or scott.walker@enlink.com.
EnLink Midstream is a leading midstream provider formed through the combination of Crosstex Energy and substantially all of the U.S. midstream assets of Devon Energy. It assets are located in many of North America’s major oil and gas regions, including the Barnett Shale, Permian Basin, Cana-Woodford Shale, Arkoma-Woodford Shale, Eagle Ford Shale, Haynesville Shale, Gulf Coast region, Utica Shale and Marcellus Shale.
Based in Dallas, EnLink Midstream’s assets include approximately 8,800 miles of gathering and transportation pipelines, 13 processing plants with 3.4 billion cubic feet per day of net processing capacity, seven fractionators with 252,000 barrels per day of net fractionation capacity, as well as barge and rail terminals, product storage facilities, brine disposal wells, an extensive crude oil trucking fleet and equity investments in certain private midstream companies.
Tags: Condensate Pipeline, EnLink Midstream, Marcellus, Ohio, ORV Condensate Pipeline, Utica
