Quanta Services Selected by Rockies Express Pipeline for the REX Zone Three Capacity Enhancement Project


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Quanta Services, Inc. (NYSE: PWR) announced today that Rockies Express Pipeline LLC (REX), selected Quanta Services to provide turnkey engineering, procurement and construction services for the REX Zone Three Capacity Enhancement Project. Quanta subsidiaries QPS Engineering and Price Gregory International will play key roles in the project, which includes the installation of three new compressor stations and the upgrade of two existing compressor stations. As the only domestic pipeline that links the Rocky Mountain and Appalachian supply basins to the Midwest and Gulf Coast markets, REX provides an important outlet for producers moving natural gas from the Rockies and Utica/Marcellus shale plays to these major consumer markets which serve millions of natural gas consumers. Quanta has commenced engineering and other front-end services for the project, with construction expected to begin in the second quarter of 2016 or when REX receives the required regulatory approvals. Subject to obtaining these approvals, completion is expected in the fourth quarter of 2016. Once the project is complete, the new and upgraded facilities are expected to create up to 800,000 dekatherms a day of additional natural gas takeaway capacity from the Appalachian Basin to the Midwestern and other high-demand natural gas markets.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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