EQT to construct header pipeline for Range Resources

EQT Midstream Partners LP (NYSE: EQM) has entered into a definitive agreement with Range Resources – Appalachia LLC to construct a natural gas header pipeline in southwestern Pennsylvania to support Range’s dry Marcellus and Utica development. The pipeline will provide greater than half a billion cubic feet per day of firm capacity and is backed by a long-term firm capacity reservation commitment.

EQT Midstream Partners will invest approximately $250 million for the construction of 32 miles of pipeline and installation of approximately 32,000 horsepower of compression.

The Partnership plans to complete the project in two phases, with Phase 1 expected to be in-service by the third quarter of 2016 and Phase 2 by mid-year 2017. The majority of capital investment is expected throughout 2016 and the first half of 2017.

 

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