MarkWest, Antero Resources announce start-up of Sherwood gas processing complex
DENVER — MarkWest Energy Partners and Antero Resources announced Wednesday that MarkWest recently commenced operation of its Sherwood I processing facility and the initial phase of its high-pressure gas gathering system located in Harrison and Doddridge Counties of West Virginia.
The 200 million cubic feet per day (MMcf/d) Sherwood I facility is the first phase of its planned processing facilities at the Sherwood complex.
MarkWest is currently constructing the 200 MMcf/d Sherwood II processing facility, which is expected to be in service during the second quarter of 2013.
Antero has over 200,000 net acres of leasehold in northern West Virginia that holds rich gas reserves. Antero is currently flowing approximately 90 MMcf/d through the Sherwood I processing plant from a portion of its 104 horizontal Marcellus wells that are producing over 400 MMcf/d of gross operated production in West Virginia. Antero plans to significantly increase Sherwood I throughput over the next several months.
“The start-up of Sherwood I is an exciting event for Antero as it represents the first step in realizing the value of our large Marcellus rich gas resource base in West Virginia,” said Paul Rady, Chairman and Chief Executive Officer of Antero. “We have enjoyed a long relationship with Frank Semple and his team dating back to the Woodford Shale Play, so we have a lot of confidence in partnering with MarkWest to bring rich gas processing and marketing capability to the Marcellus in West Virginia.”