Valerus, a provider of integrated oil and gas handling and processing solutions, secured Pittsburgh-based EQT Corporation’s contract for providing15,000 HP of compression for two compression stations in southwest Pennsylvania. Valerus will assemble the large horsepower components in their Smithfield, Pennsylvania facility beginning in November. Compression and other mission-critical equipment will be deployed in the Marcellus and Utica shale fields leveraging Valerus and other local companies. Local hiring in the Valerus facility is expected to increase.
The agreement is expected to generate a local manufacturing presence and reduce delivery time and transportation costs. This will also be an economic benefit for Pennsylvania through the creation of new jobs to support the region’s unconventional gas market, which is expected to grow.
“This project will create more jobs at our Smithfield facility and at the local companies that will work with us to manufacture components”, said Chris Scheve, VP of Northeast operations for Valerus. “The sum total of this effort will be an increased ability to provide Valerus customers in the Marcellus and Utica shale plays with access to compression more quickly and at reduced transportation costs than if it was manufactured elsewhere.”