DENVER--(BUSINESS WIRE)--Jun. 2, 2014--
MarkWest Energy Partners, L.P. (NYSE: MWE) (“MarkWest” or “the
Partnership”) announced today the resumption of operations at its
Houston processing and fractionation complex (“Houston complex”) in
Houston, Pennsylvania. As previously announced, the Houston complex was
shut down following what appears to be a weather related incident that
occurred on the evening of May 28, 2014.
The Houston complex consists of three processing plants totaling 355
million cubic feet per day (MMcf/d) and 98,000 barrels per day of ethane
and heavier fractionation capacity. An engineering assessment and
inspection of the Houston complex’s facilities and equipment has
indicated that the incident was isolated to a heat exchanger that is
required for the operation of Plant III. Plants I and II and all of the
fractionation units have safely been returned to operation. Plant III
will remain shut down in order to complete repairs.
In order to minimize the disruption to producer customers utilizing the
Houston complex, MarkWest is currently routing gas volumes to the
Majorsville complex in Marshall County, West Virginia. The Majorsville
complex currently consists of 870 MMcf/d of total processing capacity
and is connected to the Houston complex through a large, high-pressure,
rich-gas header system. MarkWest will continue routing gas to the
Majorsville complex for processing until all required repairs to
Houston’s Plant III equipment have been completed and the facility can
safely return to normal operation.
MarkWest Energy Partners, L.P. is a master limited partnership engaged
in the gathering, processing and transportation of natural gas; the
gathering, transportation, fractionation, storage and marketing of
natural gas liquids; and the gathering and transportation of crude oil.
MarkWest has a leading presence in many unconventional gas plays
including the Marcellus Shale, Utica Shale, Huron/Berea Shale,
Haynesville Shale, Woodford Shale and Granite Wash formation.
This press release includes “forward-looking statements.” All statements
other than statements of historical facts included or incorporated
herein may constitute forward-looking statements. Actual results could
vary significantly from those expressed or implied in such statements
and are subject to a number of risks and uncertainties. Although
MarkWest believes that the expectations reflected in the forward-looking
statements are reasonable, MarkWest can give no assurance that such
expectations will prove to be correct. The forward-looking statements
involve risks and uncertainties that affect operations, financial
performance, and other factors as discussed in filings with the
Securities and Exchange Commission (SEC). Among the factors that could
cause results to differ materially are those risks discussed in the
periodic reports filed with the SEC, including MarkWest’s Annual Report
on Form 10-K for the year ended December 31, 2013. You are urged to
carefully review and consider the cautionary statements and other
disclosures made in those filings, specifically those under the heading
“Risk Factors.” MarkWest does not undertake any duty to update any
forward-looking statement except as required by law.
Source: MarkWest Energy Partners, L.P.
MarkWest Energy Partners, L.P.
Frank Semple, 866-858-0482
President & CEO
Nancy Buese, 866-858-0482
VP & CFO
Josh Hallenbeck, 866-858-0482
Finance & Treasurer