Pin Oak Midstream Acquires Assets from Laurel Mountain Midstream in NW Pennsylvania
(P&GJ) — Pin Oak Midstream has closed a deal with Laurel Mountain Midstream to acquire LMM’s Jackson Center natural gas pipeline assets.
Jackson Center includes over 1,050 miles of natural gas gathering pipelines and five gathering compressor stations with a gathering capacity of over 50 MMcf/d and multiple interstate pipeline interconnects (both National Fuel Gas and Tennessee Gas Pipeline) with total interconnect capacities of almost 100 MMcf/d.
Brent Breon, President of Pin Oak Midstream LLC and Chief Commercial Officer of Pin Oak Energy Partners LLC, stated, “These assets in Mercer, Lawrence, and Crawford counties of Pennsylvania are a great fit to our expanding footprint and further bolster the Company’s midstream assets in the oil and wet gas windows of the Utica play in northwestern Pennsylvania.”
Pin Oak Midstream’s Appalachian Basin position consists of nearly 1,200 miles of pipeline assets including 13 interstate pipeline interconnections, gathering, processing and transportation dedications on more than 150,000 dedicated net deep acres (Marcellus and Utica) and current flowing volumes more than 15 MMcf/d.
Pin Oak Midstream is a wholly-owned subsidiary of Pin Oak Energy Partners LLC.
Laurel Mountain Midstream is a joint venture between Williams, Laurel Mountain, and Chevron Northeast Upstream LLC.
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