American Midstream Expands Role in Eagle Ford, Other Shale Plays in 2014, Pegs Capex for 2015 at About $130 Million
American Midstream Expands Role in Eagle Ford, Other Shale Plays in 2014, Pegs Capex for 2015 at About $130 Million
SUGAR LAND--March 11, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--American Midstream Partners LP (NYSE:AMID) (Denver, Colorado), a provider of midstream services for natural gas in the U.S. Southeast and Gulf Coast regions, reported companywide growth in 2014 as it expanded its Lavaca System in the Eagle Ford Shale, which, along with the acquisition of Costar Midstream in the fourth quarter, boosted results in the Gathering and Processing segment. The Transmission and Terminals segments grew volumes following major acquisitions and expansions. Industrial Info is tracking $280 million in projects related to American Midstream's plans to enlarge its role in the Eagle Ford Shale.
Within this article: Details on American Midstream's quarter and projects, including the construction of a 170-mile pipeline gathering system that will gather crude from the Eagle Ford Shale.
Other companies featured: Kinder Morgan (NYSE:KMI)
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