Chesapeake plans $900M complex

Chesapeake Energy Corporation recently announced its intent to open a $900 million natural gas processing complex with facilities across two Ohio counties, Harrison and Columbiana, by the middle of next year. (See article.)

“We look forward to joining with the citizens of Ohio to provide superior service and a high quality, reliable stream of natural gas and (natural gas liquids) products to our customers,” Mike Stice, president of a subsidiary of Chesapeake Energy, said.

Chesapeake is partnering with M3 Midstream and EV Energy Partners to build the facilities that Chesapeake will operate.

Frank Tsuru, president and chief executive officer of M3, said, “We will invest significant capital and technical resources to develop this project in a responsible manner, utilizing the highest industry standards.”

The site proposed for Columbiana County will be able to house 600 million cubic feet of natural gas per day. The Harrison County facility will have a fracking capacity of 90,000 barrels per day.

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