Three Rivers Midstream joins Pennant Midstream in Utica Shale development
Friday, October 9, 2015
The Business Journal reports that Three Rivers Midstream LLC has joined Pennant Midstream LLC as a financial backer for its Utica Shale processing plant and gathering pipelines.
The agreement with Three Rivers gives Pennant Midstream about three times as much Utica acreage. Pennant Midstream’s Hickory Bend processing plant is located in New Middletown, Ohio, and has a gas gathering system in Columbiana County, Ohio, to Lawrence and Mercer counties, Pennsylvania.
Three Rivers Midstream is a subsidiary of Houston Williams Partners L.P., which will have a 5 percent investment stake initially.
Via: The Business Journal > Williams Partners Invests in Pennant Midstream Systems
Related:
- Natural gas liquids pipeline now online in Mahoning, Columbiana counties Feb. 21, 2015
- FirstEnergy projects support expanding shale gas facilities in Ohio Edison territory Jan. 10, 2015
- Transmission line installed at New Springfield processing plant Nov. 4, 2014
- Ohio Getting Another NGL Pipeline Oct. 1, 2013
- NiSource and Hilcorp Joint Venture July 17, 2012
- Eastern Ohio Target for New Processing Plant July 9, 2012
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What is fracking?
Fracking is a slang term for hydraulic fracturing. Fracturing is a process by which highly pressurized fluid is pumped thousands of feet into the ground to fracture rock formations. The goal is to release the natural gas that’s locked inside the rock.
Is it safe?
What most concerns people about fracturing is ground water contamination. The worry is that fractures underground, caused by the process, will extending upwards and into aquifers, releasing gas and chemicals into the ground water supply. There’s been no confirmed reports of such a thing happening. Though surface spills and drill site blowouts can lead to localized environmental concerns.
Will my water catch on fire?
Flammable water is caused by the release of methane gas into a drinking water supply. Methane gas occurs naturally and can be released by any kind of drilling, including water wells. In Pennsylvania officials fined Chesapeake Energy $1 million for contaminating ground water with methane. It was determined that the company had not properly cemented it’s boreholes and gas migrated up the well, between rock and into aquifers.