DENVER--(BUSINESS WIRE)--May 29, 2014--
MarkWest Energy Partners, L.P. (NYSE: MWE) (“MarkWest” or “the
Partnership”) reported an incident at its Houston processing and
fractionation complex in Houston, Pennsylvania at approximately 6:00
p.m. (EDT) yesterday. The Houston complex consists of processing plants
I, II and III totaling 355 million cubic feet per day (MMcf/d) of
capacity and 98,000 barrels per day of ethane and heavier fractionation
capacity with associated storage facilities and other related
infrastructure. There were no reported injuries and as a precaution, the
area was safely and temporarily evacuated.
Although MarkWest has not completed a full assessment of all plant
equipment, an initial visual assessment of damage indicates that the
impact was limited to one component of the plant III facility. The
entire complex remains shut down until the assessment is completed. At
this time, it appears that no other equipment at the facility was
affected. Additionally, there are no apparent signs or evidence of a
fire. The complex’s safety control system worked as designed and the two
flares at the facility remained in operation throughout the course of
MarkWest is working closely with its producer customers and is currently
routing some gas through its rich-gas header system to the Majorsville
complex in Marshall County, West Virginia. The Majorsville complex
currently consists of 870 MMcf/d of processing capacity.
MarkWest would like to thank the local first responders and Washington
County emergency management personnel who acted quickly and decisively
to ensure the public’s safety. MarkWest notified the appropriate
government officials and agencies. The area will remain secure until the
review is completed.
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