Antero Midstream Partners Investor Presentation Deck
Processing and Fractionation Assets & Strategy
s
Joint Venture with MPLX (subsidiary of Marathon) aligns the largest core liquids-rich
resource base with largest processing and fractionation footprint in Appalachia
Cumulative JV Processing Capacity (Bcf/d)
·
Asset Strategy
Support rich-gas and C3+ NGL volume
growth at AR, investing "Just-in-Time"
capital along side MPLX
Sherwood 11 was placed in service in
December 2018
Sherwood is now the largest
processing facility in North America
100% fixed-fee supported by MVC's
Processing and Fractionation Projects
Committed Growth Projects
Hopedale 4 Fractionator (Bbl/d)
Sherwood 12 Processing Plant
Sherwood 13 Processing Plant
Smithburg 1 Processing Plant
Capacity
(MMcf/d)
60,000
200
200
In
Service
4Q18
2Q19
3Q19
200
3000
2500
2000
1500
1000
500
0
1Q20
400
70
60
50
40
30
20
10
YE 2017
20
+2.2 Bcf/d
Full Buildout
(YE 2022)
Cumulative JV Fractionation Capacity (MBbl/d)
1,000
YE 2017
YE 2018
+40 Mbbl/d
40
2,600
Full Buildout
(YE 2022)
Note: JV has an option to purchase a 1/3 interest in Hopedale 4 Fractionator, or 20.000 Bbild net capacity. Hopedale 4 is in service and election is included in AM's 2019 Budget. Committed projects are 100% committed to by AR.
30
Smithburg
Sherwood
2019
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