Marathon Petroleum Ups its Game in Permian, Other Shale Plays with $8 Billion in Projects

SUGAR LAND--January 30, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--Marathon Petroleum Corporation (NYSE:MPC) (Findlay, Ohio) and its spinoff MPLX LP (NYSE:MPLX) (Findlay) saw their gathered, processed and fractionated volumes increase in the fourth quarter, when compared with the same period in 2018. Growth in the Permian Basin and Northeast region are the biggest drivers, and more Marathon projects in those areas are set to begin or wrap up soon. Industrial Info is tracking nearly $8 billion worth of active projects from Marathon Petroleum, including nearly $3 billion worth that are nearing or under construction.

Within this article: Details on some of Marathon's highest-valued projects set to begin or conclude construction across the U.S., including natural gas-processing plants in the Permian, Cana-Woodford, Marcellus and Utica shales, and a hydrocracker expansion in Texas.