MarkWest Energy Partners, L.P. announced the completion of long-term, fee-based agreements with Antero Resources (Antero) for the development of an additional cryogenic gas processing plant at the Partnership's Sherwood complex in Doddridge County, West Virginia. Under terms of the agreements, MarkWest will construct a fifth 200 million cubic feet per day (MMcf/d) processing facility that is expected to begin operations in the third quarter of 2014. Upon completion of the new plant, the Sherwood complex will have 1 billion cubic feet per day (Bcf/d) of total processing capacity.
Antero is a premier producer in the Northeast and is aggressively developing their acreage position throughout the rich-gas Marcellus. The Sherwood complex currently consists of two plants with 400 MMcf/d of capacity and is operating near full utilization.