Summit Midstream unit Double E signs long-term transport deal for 200 MMcf/d capacity
SMC•Project size and financing
The expansion adds about 900 MMcf/d of forward-haul capacity to Waha; the project cost is estimated at $100 million net to Summit’s 70% interest.
A $50 million accordion at Summit Permian Transmission was converted to committed, lifting committed financing capacity to $100 million for expected capital contributions.
Long-term transport deal and expansion decision
Summit Midstream reached a final investment decision on Double E’s mainline compression expansion, targeted for service in Q4 2028.
A new long-term take-or-pay firm transportation contract was signed for 200 MMcf/d with an investment-grade shipper.
Total contracted firm capacity on Double E rises to about 2.2 Bcf/d; the open season yielded 550 MMcf/d of new commitments.
