Penn Virginia Resources to expand Marcellus services by 2018

Penn Virginia Resource Partners LP said it plans to spend $380 million for pipeline projects and midstream services in the Marcellus shale by 2018.

A limited partnership, Penn Virginia already has been expanding its Marcellus pipeline assets, including a $1 billion acquisition of Chief Gathering LLC (OGJ Online, Apr. 10, 2012).

On May 21, Penn Virginia announced long-term agreements to extend its gas pipeline in Lycoming County, Pa., and provide gathering and compression services to four Marcellus producers.

Those producers are Royal Dutch Shell PLC unit Swepi LP, affiliates of Southwestern Energy Co., Range Resources Corp., and Inflection Energy LLC, a private company.

To access this Article, go to: