Quicksilver Gas Services Company Description
It may not be the fastest process ever but Quicksilver Gas Services does its best. The company gathers and processes natural gas and natural gas liquids from the Barnett Shale formation near Fort Worth, Texas, for Quicksilver Resources, its parent (which has proved reserves of 704 Bcfe and average production of 34.7 MMcf/d annually). The company's assets include a pipeline and a processing plant with 200 MMcf/d capacity; plans for the IPO proceeds include another processing unit at the existing plant, extensions to the existing pipeline, and pipelines in other drilling areas in Texas. Quicksilver Gas Services was founded in 2004; Quicksilver Resources owns about 75% of it.
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The Company Description provides a historical perspective of Quicksilver Gas Services's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Quicksilver Gas Services's evolution in the marketplace.
