Marcellus Shale Asset
- 35% ownership interest in the Auburn Gas Gathering System with partners Statoil USA (21.125%) and Williams Partners (43.875%).
- 18,000 acre dedication by anchor shippers Epsilon, Chesapeake Energy and Statoil USA.
- 330,000 mmbtu/d in dehydration and compression capacity; scalable to 550,000 mmbtu/d with only additional dehydration and compression units.
- Compression facility discharges into Tennessee Gas Pipeline for interstate transportation.
- System serves anchor shippers as well as other operators with leasehold interests within and proximate to the system boundary.
- High quality asset with minimal maintenance capital and stable, high margin revenues.
- Cost of service gathering rate provides contractual rate of return on total invested capital.