NEW MIDDLETOWN - Operators and officials next week will dedicate a Mahoning County multi-million dollar natural gas processing plant where construction is wrapping up.
The $375 million Pennant Midstream project is a joint venture between NiSource Midstream Services and Hilcorp Energy Company on 94 acres in Springfield Township known as the "Hickory Bend processing plant."
The facility, known as a cryogenic plant, chills natural gas to a point where dry gas such as methane separates from natural-gas liquids (ngl). These liquids are then converted to products such as butane, ethane or propane, delivering further value to the marketplace, company officials explained.
Officials from NiSource, Columbia Pipeline Group, Hilcorp Energy, Springfield Township and the state of Ohio on Monday morning will gather for a formal dedication ceremony at the plant, which is not expected to be operational until December.
Another two phases of construction on the processing plant to process the Natural Gas Liquids, or ngl, still are planned for the property, with everything completed by June. The partnership also is building 55 miles of large wet gas gathering lines in Ohio and Pennsylvania with a capacity to move more than 600 million cubic feet of gas per day.
Company officials have said the wet gas probably will be moved to a Houston, Pa., fractionation plant for further separation into ethanes, propanes, butanes and natural gasoline.
"The company is extremely excited about the development of the Utica play, and is making a long-term investment in midstream infrastructure in Ohio and Pennsylvania that, in the end, could equal over $1 billion," the company stated in a press release.