Howard Energy Partners Announces New Natural Gas Gathering System in Oklahoma’s STACK Play

  • Project anchored by long-term acreage dedications from a major
    North American producer
  • Expansion into STACK Play presents new high-growth opportunities
    for HEP

SAN ANTONIO–(BUSINESS WIRE)–Howard
Energy Partners
(HEP) today announced that it has executed an
agreement with a major North American oil and gas producer to construct,
own and operate a new natural gas gathering system located in the
over-pressured area of the prolific STACK play. HEP’s new midstream
infrastructure will be anchored by fee-based, long-term acreage
dedications totaling approximately 10,000 acres in Dewey and Custer
counties in central Oklahoma.

HEP will construct the gathering system to be capable of low- and
high-pressure service and have an initial capacity of 110 million cubic
feet per day (MMcf/d). The gathering system can be expanded to support
multi-well pad development by HEP’s customer, as well as other producers
in the area. The initial phase of the project is expected to be
operational in the third-quarter of this year.

Mike Howard, HEP Chairman and Chief Executive Officer, commented, “We
are pleased to partner with a major operator to provide midstream
services for their lean gas production. With this project, HEP will be
one of the first infrastructure providers in an area that has potential
for tremendous growth. We look forward to staying ahead of our
customer’s development schedule and will aggressively pursue additional
opportunities to provide a seamless level of service to top-tier
customers in the region.”

This project marks HEP’s entrance into a sixth oil and gas development
region. The company also has assets serving the Texas Gulf Coast, the
Eagle Ford in South Texas, the Permian Basin in West Texas, the
Marcellus Shale in Pennsylvania, and Mexico via the Nueva Era Pipeline.

About Howard Energy Partners

San Antonio-based Howard Midstream Energy Partners, LLC d/b/a Howard
Energy Partners is an independent midstream energy company, owning and
operating natural gas and crude oil gathering and transportation
pipelines, natural gas processing plants, liquid storage terminals,
deep-water port facilities, rail facilities and other related midstream
assets in Texas, Oklahoma, Pennsylvania and Mexico. The company has
corporate offices in San Antonio, Houston and Monterrey, Mexico. For
more information on Howard Energy Partners, please visit our website www.howardenergypartners.com.

Contacts

Meredith Hargrove Howard
Redbird Communications Group
Email: meredith@redbirdpr.com
Phone:
210-737-447

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