Summit Midstream Partners reached an agreement with XTO Energy to build and operate a $400 million natural gas gathering system to service XTO’s production in Belmont and Monroe counties in Ohio. Summit said XTO would serve as the anchor shipper and would dedicate 29,000 acres to the project.
The gathering system will be owned and developed by a new subsidiary called Summit Utica. Summit Utica will gather, compress and deliver 2.1 billion cubic feet per day of natural gas produced by XTO to Regency Energy Partners’ Utica Ohio River Trunkline project, which is under construction. First flows to the Regency system are expected in the second half of 2015.
