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Energy Transfer’s Mariner East 2 pipeline to come online end-2Q
HOUSTON, February 22, 2018 (PCW) -– Energy Transfer Pipeline on Thursday said it expects to put into service its 275,000 b/d Mariner East 2 pipeline at the end of the second quarter.
The much-delayed pipeline had recently had its construction of the NGLs and refined products pipeline halted by the Pennsylvania Department of Environmental Protection due to various drilling and water contamination issues.
ETP on Thursday said the DEP had lifted the administration order and construction had resumed. Company executives said 94% of mainline construction is complete with 83% of horizontal directional drilling activities either complete or underway. Meanwhile, its Mariner East 2X project – effectively a twin pipeline of Mariner East 2— is expected to come online in mid-2019.
Construction on the company’s Revolution project, which comprises 100 miles of rich-gas pipeline in Appalachia, a gas processing plant in western Pennsylvania and a fractionator at Marcus Hook, is mechanically complete, company executives said Thursday. The project will come online once ME2 and the Rover gas pipeline goes into service. The Revolution project had an initial in-service time frame of 2Q 2017.
Along the Gulf Coast, ETP’s Lone Star subsidiary expects to put its 120,000 b/d Frac V into service in 3Q, along with its associated 3 million barrel Y-grade storage cavern. Frac VI is fully contracted and has a projected in-service date of 2Q 2019.
ETP reported a net income of $1.097 billion in 4Q 2017, up from a $336 million loss in the year-ago period. The uptick was attributed stronger results from the midstream and crude oil segments of the business. -- Samantha Hartke