Capacity is currently set at 9.04 billion cubic feet per day (Bcf/d), but is expected to climb to 14.2 Bcf/d by 2020, said analysts at East Daley Capital Advisors in a new report, “Righting A Wrong – The Marcellus/Utica: Balanced on a Knife’s Edge.”
“What we really wanted to do was connect the dots between pipeline contracts and [earnings before interest, tax, depreciation and amortization] contribution for midstream companies, explained Ryan Smith, East Daley’s research director. “At the best case scenario (for the dry Marcellus acreage in Northeast Pennsylvania), the maximum growth opportunity for midstream companies in that area is $1.9 billion by 2020.”
Read the full article here: Midstream Gains $1.9 Billion on Gas in the Mighty Marcellus, Utica