Marcellus Shale giving boost to US Midstream Firms

“Anticipated growth in Marcellus shale natural gas production likely will mean more long-term business for US midstream companies, Fitch Ratings said in a recent report in which analysts forecast Marcellus production during the next 5 years will grow to more than 10 bcfd from the current 4 bcfd.

 Expanding Marcellus production will require midstream companies to expand gathering and processing services and provide pipelines to transport gas and associated natural gas liquids.”

 “Marcellus production has begun displacing supplies that traditionally served eastern US markets and more gas is expected to be produced than the region can consume.

 As Marcellus production ramps up, pipeline expansions and flow reversals will enable that gas to reach Canada, New England, the Atlantic states, the Gulf of Mexico region, the Midcontinent, and the Midwest.”

http://www.ogj.com/articles/2012/07/fitch-marcellus-shale-giving-boost-to-us-midstream-firms.html