Benzinga | Nov 18, 2021 06:47AM EST

Summit Midstream Partners Announces Commencement Of Service On Double E Pipeline

Summit Midstream Partners, LP (NYSE:SMLP) (the "Partnership") announced today that Double E Pipeline, LLC ("Double E"), a joint venture in which SMLP owns a 70% equity interest and serves as operator, has commenced operations. Double E is a 135 mile FERC-regulated natural gas pipeline that provides natural gas transportation services from southeast New Mexico and west Texas to downstream pipeline interconnections in the Waha Hub region.

Heath Deneke, President, Chief Executive Officer and Chairman, commented, "I'm extremely proud of and grateful for our Double E project team members and joint venture partner, who have all dedicated countless hours over the past four years to ensure that Double E was completed safely, on schedule, under budget and in an environmentally and socially responsible manner. Double E provides 1.35 billion cubic feet per day of residue gas transportation capacity to producers, processors and other prospective shippers in a capacity constrained region of New Mexico, where 80 rigs are currently operating, up from 45 rigs in 3Q 2020. Our investment in Double E drives a tremendous amount of value uplift for the Partnership going forward and we are excited to bring this critical residue gas outlet online to debottleneck growing natural gas production in the northern Delaware Basin."

For commercial inquiries about securing capacity on Double E, please contact Paul Passino at (832) 930-7519 or paul.passino@summitmidstream.com.