New facility to be built in Petersburg

An application for an oil and gas drill site in Frankling Township, Ohio was received.

A Dallas-based company said they plan to build an $800 million midstream facility for the natural gas drilling industry that will serve the Mahoning and Shenango valleys.

Blue Race Midstream, LLC., said they secured a five-year $800 million credit facility, which could be expanded to $1 billion,

One of the gas processing plants will be built in Petersburg and would handle at least 200 million cubic feet of gas per day, the Youngstown Business Journal reported. The pipelines would serve Mahoning, Trumbull, Mercer and Crawford counties.

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