It is in the energy capital of the world that Summit Midstream Partners holds its corporate office. While the business holds several offices in the United States, its main office is located in The Woodlands, Texas. The company is registered as a master limited partnership and focuses in the midstream energy industry.
The operations of the company are comprised of systems intended to support the gathering of natural gas, crude oil and produced water in unconventional resource basins. There are currently four locations where the business conducts its business: the Piceance Basin, the Fort Worth Basin, the Williston Basin and in the Appalachian Basin. To address the needs in the areas they operate in, the business maintains 5 systems to support operations in the regions.
The Mountaineer Midstream system continues to operate in the Appalachian Basin. The Polar & Divide system serves the Williston Basin, so is the Bison Midstream system. It is in Fort Worth Basin that DFW Midstream system operates, while the Grand River system is in operation in the Piceance Basin. As of December 2014, the company’s network of gathering pipelines stretches up to 2,600 miles and continue to support the operations of some of the largest names in the energy industry in North America. Some of the names they closely work with include WPX Energy, Inc., TOTAL, S.A., Chesapeake Energy Corporation, Antero Resources, Black Hills Corporation and EOG Resources, among others.
The company engages in the development, ownership and operation of midstream energy infrastructure assets in North America. These properties are strategically located in areas where most of the largest names in the energy industry continue to operate. The gathering systems of the company strongly focus on the collection of natural gas. Summit Midstream Partners, LP remains publicly traded on the New York Stock Exchange. Common stocks of the company are marketed using the ticker sybol SMLP.
No comments:
Post a Comment