The complex, to be located in Columbiana County, will provide necessary infrastructure to process natural gas and natural gas liquids (NGL) and will have an initial capacity of 600 million cubic feet per day.
The processing facility will consist of natural gas gathering and compression facilities constructed and operated by CMD, as well as processing, NGL fractionation, loading and terminal facilities constructed and operated by Momentum.
NGLs will be delivered to a central NGL hub complex in Harrison County that will feature an initial storage capacity of 870,000 barrels and fractionation capacity of 90,000 barrels per day.
Chesapeake, through its subsidiary Chesapeake Midstream Development will own 59% of the project, with 33% by Momentum and 8%by EVEP.
French oil giant Total, Chesapeake’s 25% joint venture partner in the Utica Shale wet gas acreage, also has an option to participate in the project.
The first cryogenic processing and fractionation plants are scheduled to be in service by the second quarter of 2013.
