Midstream - Pipelines | Capital Markets | Incidents / Accidents | Private Equity Activity
Gastar Resumes Marcellus Shale Production Following Pipeline Rupture
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Gastar Exploration Inc. reported today that production from its Marshall County, West Virginia operations resumed Wednesday night at reduced rates following a 4-1/2 day shut-in that resulted from the rupture Saturday morning of a natural gas pipeline operated by Williams Partners.
Gastar is currently producing at a gross rate of approximately 50 million cubic feet per day of natural gas (MMcf/day) from the Marcellus Shale formation, which is approximately 19 percent less than average daily production volumes in March. Gas production is now flowing into a larger pipeline Williams operates to the south of Gastar's acreage that feeds the Ft. Beeler station.
Williams has informed the Company that it expects to complete repairs and resume normal pipeline operations in approximately three…
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