Marathon to Spend $400-$500 Million On Upgrades in Utica Shale Region
From Business Journal Daily:
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Read the whole article here.Opportunities in the Utica shale of eastern Ohio have convinced one of the largest refining companies in the country to step up its investment here.Marathon Petroleum Co. LP, based in Findlay, expects to spend between $400 million and $500 million to upgrade its transportation and midstream network in the Utica, the company says.Among these projects is a multimillion-dollar investment at the Wellsville Intermodal Facility in Columbiana County, where Marathon is hoping to move ahead with construction of an oil/gas transfer hub in conjunction with Harvest Pipeline Inc., an affiliate of Hilcorp Energy Co.
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