Marcellus shale compression contract awarded to Valerus
HOUSTON – Valerus, a provider of integrated oil and gas handling and processing solutions, has been awarded a contract, by Pittsburgh-based EQT Corporation, to provide 15,000 HP of compression for two compression stations in southwest Pennsylvania.
Valerus will assemble the large horsepower components in its Smithfield, Pennsylvania, facility beginning in November. Compression and other mission-critical equipment will be deployed in the Marcellus and Utica shale fields leveraging Valerus and other local companies.
The agreement will create a local manufacturing presence and reduce delivery time and transportation costs. This will also be an economic benefit for Pennsylvania through the creation of new jobs to support the region' s unconventional gas market, which is expected to grow for decades.
"This project will create more jobs at our Smithfield facility and at the local companies that will work with us to manufacture components," said Chris Scheve, V.P. of Northeast operations for Valerus. "The sum total of this effort will be an increased ability to provide Valerus customers in the Marcellus and Utica shale plays with access to compression more quickly and at reduced transportation costs than if it was manufactured elsewhere."