Antero Midstream Corp. plans to acquire the Marcellus Shale natural gas gathering and compression assets owned by Crestwood Equity Partners LP (CEQP), the companies reported Monday. The $250 million bolt-on acquisition, which requires regulatory approval, would boost Appalachian Basin pure-play Antero’s gas compression capacity by 20% and gas compression mileage by 15%, said management. CEQP…
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Atlantic Bridge Scores Legal Win after Appeals Court Tosses Lawsuit
A Massuchusetts appeals court has dismissed a lawsuit challenging one of the approvals of the Weymouth natural gas compressor station along the Atlantic Bridge Project, which transports Appalachia supply into Canada. A three-judge panel agreed with the Supreme Judicial Court judge’s ruling that the Fore River Residents Against the Compressor Station (FRRACS) could not seek…
December 29, 2021
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