DTE Energy announces expansion of its Bluestone Pipeline
DETROIT, May 15, 2014
DETROIT, May 15, 2014 /PRNewswire/ --DTE Energy's Gas Storage and Pipeline
segment has secured long-term gathering commitments with Southwestern Energy
Co. and Cabot Oil & Gas Corp. which will significantly expand the Bluestone
"The stronger than expected performance of Marcellus reserves in Susquehanna
County continues to drive the need for additional infrastructure," said
Richard Redmond, executive vice president, DTE Gathering and Processing. "We
are excited to further grow our relationship with Southwestern Energy."
The incremental Bluestone Pipeline capacity is supported by long-term
agreements with minimum term commitments ranging from 10 to15 years. Once
in-service, the expansion facilities will increase the capacity of the
Bluestone Pipeline from 600,000 Dth/day to 975,000 Dth/day, a greater than 60%
increase in capacity since the gathering system first came online in late
The 44.5 mile Bluestone Pipeline and Gathering system can currently transport
up to 600,000 Dth/day combined to both the Millennium Pipeline in Broome
County, N.Y. and the Tennessee Gas Pipeline in Susquehanna County, Pa.
"We are pleased to have the opportunity to expand our gathering services in
Susquehanna County to Cabot Oil & Gas," said Redmond.
About DTE Energy
DTE Energy (NYSE:DTE) is a Detroit-based diversified energy company involved
in the development and management of energy-related businesses and services
nationwide. Its operating units include an electric utility serving 2.1
million customers in Southeastern Michigan and a natural gas utility serving
1.2 million customers in Michigan. The DTE Energy portfolio also includes
non-utility energy businesses focused on power and industrial projects,
unconventional gas production and energy trading. Information about DTE
Energy is available at dteenergy.com, twitter.com/dte_energy and
About Southwestern Energy
Southwestern Energy Co. (NYSE:SWN) is an independent energy company whose
wholly-owned subsidiaries are engaged in oil and gas exploration and
production, natural gas gathering and marketing. Additional information on the
company can be found on the Internet at http://www.swn.com.
About Cabot Oil & Gas
Cabot Oil & Gas Corp., headquartered in Houston, is a leading independent
natural gas producer with its entire resource base located in the continental
United States. For additional information, visit the company's homepage at
SOURCE DTE Energy
Contact: For further information, members of the media may contact: Michael
Armiak, Bluestone, (607) 237-9909, Erica Donerson, DTE Energy, (313) 235-5555
or Investors may contact DTE Energy's Investor Relations at (313) 235-8030.
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