DCP Midstream and DCP Midstream Partners Announce Partial Return of East Texas Processing Complex Operations Following Third Party Caused Pipeline Rupture
DENVER, Feb. 25 /PRNewswire-FirstCall/ -- DCP Midstream, LLC, and its master limited partnership DCP Midstream Partners, LP (NYSE: DPM), announced they have partially restarted operations at their jointly owned natural gas processing complex in East Texas. Production was temporarily shut in at the processing complex and their jointly owned residue gas delivery system following the February 11 fire caused by a third-party underground pipeline rupture occurring just outside DCP Midstream's property. The above-ground residue delivery system, known as the Carthage Hub, was damaged in the fire and remains partially shut in as a result of the third party's 16-inch pipeline rupture.
The complex consists of five natural gas processing plants with a processing capacity of approximately 780 million cubic feet per day (MMcf/d). The Carthage Hub has approximately 1.5 billion cubic feet per day of delivery capacity.
The complex began processing through one of the five plants and the two owners expect to restore full processing capacities for the entire complex over the next 30 days. Residue gas will be redelivered into limited available pipeline interconnects while the Carthage Hub undergoes inspection and repairs.
"Our processing plants sustained some collateral damage in the fire, and we have been working to safely resume partial operations for our customers," said Richard Cargile, group vice president, operations. "We are working expeditiously in a coordinated effort with the owner of the ruptured pipeline and other companies whose facilities were affected by the fire so we can quickly return both our process facilities and Hub to full operation."
The East Texas facilities are operated by DCP Midstream and owned 75 percent by DCP Midstream and 25 percent by DCP Midstream Partners.
DCP Midstream, LLC, headquartered in Denver, Colorado, leads the midstream segment as one of the nation's largest natural gas gatherers and processors, and the largest natural gas liquids (NGLs) producer. DCP Midstream operates in 17 states across some of the largest natural gas producing regions in the United States. DCP Midstream is a 50-50 joint venture between Spectra Energy and ConocoPhillips. DCP Midstream owns the General Partner of DCP Midstream Partners, LP, a master limited partnership, and provides operational and administrative support to the partnership. For more information, visit the DCP Midstream, LLC, Web site at http://www.dcpmidstream.com.
DCP Midstream Partners, LP (NYSE: DPM), is a midstream master limited partnership that gathers, treats, processes, transports and markets natural gas, transports and markets natural gas liquids, and is a leading wholesale distributor of propane. DCP Midstream Partners, LP, is managed by its general partner, DCP Midstream GP, LLC, which is wholly owned by DCP Midstream, LLC, a joint venture between Spectra Energy and ConocoPhillips. For more information, visit the DCP Midstream Partners, LP, Web site at http://www.dcppartners.com.
SOURCE DCP Midstream Partners, LP; DCP Midstream, LLC
Contact: Karen L. Taylor of DCP Midstream Partners, LP, +1-303-633-2913, or 24-Hour, +1-303-809-9160
