Chris Akers, president and COO of Eureka Midstream, talked to Jessica Morales about how midstream operators, not just those in the upstream, are carving out efficiencies in the Marcellus-Utica region.
“By drilling multiple wells on a pad, they [producers] obviously get the efficiencies on the drilling and the fracking side, but we get the efficiencies by doing one large pipeline out of the pad vs. doing three pipelines to smaller pads,” he said at Hart Energy’s Marcellus-Utica Midstream conference in Pittsburgh in January. “The advantage it has is less risk on the environment—one pipeline vs. three. And it’s much cheaper for us to do that on the pipeline side.”
Eureka operates gas-gathering systems in the Marcellus-Utica region with a capacity of 3 billion cubic feet per day.
Recommended Reading
Venture Global LNG Files Paperwork for IPO
2024-12-20 - Venture Global LNG filed initial paperwork for an IPO on Dec. 20, about a week after the company’s Plaquemines LNG facility started production.
Energy Transition in Motion (Week of Dec. 20, 2024)
2024-12-20 - Here is a look at some of this week’s renewable energy news, including billions of dollars in loan awards from the U.S. Department of Energy.
Reuters: Northern Oil and Gas in Bid to Acquire Smaller Rival Granite Ridge, Sources Say
2024-12-20 - Northern Oil and Gas has made an acquisition offer for Granite Ridge Resources, according to people familiar with the matter.
STEP Energy Services Drops Go-Private Deal as Shareholders Balk
2024-12-20 - STEP Energy Services has terminated its agreement with ARC Energy Fund 8 to go private in an all-cash transaction for CA$5 per share.
Enbridge Deals with Clean-Up of Wisconsin Pipeline Oil Spill
2024-12-20 - Enbridge estimates 1,650 bbl have leaked from its Line 6 before repair, an incident that has given fodder to opponents of another Enbridge project.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.