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Hilcorp to Outline Plans for Gas Transfer Project
WELLSVILLE, Ohio – A planned visit March 11 to the Wellsville Intermodal Facility by U.S. Rep Bill Johnson, R-6, coincides with the first glimpse of Hilcorp Energy’s plans to build a shale-gas transfer project at the site.
In July, Hilcorp leased 22 acres of property from the Columbiana County Port Authority under its subsidiary, Arrowhead Utica Pipelines. Arrowhead extended the lease to 99 years and paid the port authority $5 million in advance for the life of the agreement. At the time, the port authority's CEO, Tracy Drake, said Arrowhead could invest as much as $40 million for the project.
During Johnson's visit, Hilcorp's project engineer, Maurice Barnes, will offer a 20-minute briefing about the company's development plans for the property.
"This will be the first that anyone sees of their design layout, which will probably show a truck receiving terminal for liquids," Drake said. "They took the site realizing the advantage they would have with terminal access to the river and highway."
Hilcorp Arrowhead's offices were contacted late Monday, but a spokesman said the company could not offer comments at this time.
Another Hilcorp affiliate, Harvest Pipeline Co., is working with Marathon Petroleum Co. to build a pipeline linking Marathon's four holding tanks to what will be a truck offloading area to be built on 3.6 acres at the Intermodal Facility. The staging area will allow trucks to deliver their cargo without having to drive through Wellsville. Marathon is expecting between 200 and 400 trucks daily delivering "wet" natural gas from the Utica shale play.
Johnson's visit is scheduled to begin at 9:30 a.m., and will conclude with Johnson observing Pier 48 Stevedoring's operation of the port authority's 40-ton river crane handling inbound maritime cargo from the shale industry.
Copyright 2013 The Business Journal, Youngstown, Ohio.
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