Spectra Energy Corp (NYSE: SE), a Fortune 500 company, is one of North America's leading pipeline and midstream companies.
Based in Houston, Texas, the company’s operations in the United States and Canada include approximately 21,000 miles of natural gas and crude oil pipelines; approximately 300 billion cubic feet of natural gas storage; 5.6 million barrels of crude oil storage; as well as natural gas gathering, processing, and local distribution operations.
Spectra Energy is the general partner of Spectra Energy Partners (NYSE: SEP), one of the largest pipeline master limited partnerships in the United States and owner of the natural gas and crude oil assets in Spectra Energy’s U.S. portfolio. Spectra Energy also has a 50 percent ownership in DCP Midstream, LLC, which is the general partner of DCP Midstream, LP (NYSE: DCP), the largest natural gas liquids producer and the largest natural gas processor in the United States, and the largest gathering and processing master limited partnership in the United States. Spectra Energy has served North American customers and communities for more than a century.
Spectra Energy is committed to securing $35 billion in new growth projects between 2013 and 2020
Our system delivers approximately 20 percent of the natural gas consumed in North America
We own and operate approximately 21,000 miles of natural gas and crude oil pipelines in the U.S. and Canada
Spectra Energy has been ranked among Houston’s Top 150 Workplaces for six consecutive years
Union Gas has been ranked among Canada’s Top 100 Employers for six years in a row
Our Western Canada business is the number one gatherer, processor and pipeline operator in British Columbia, accounting for 60 percent of the gathering and processing activity in the province
DCP Midstream, our 50-50 joint venture with Phillips 66, is the largest producer of natural gas liquids and the largest natural gas processor in North America
Union Gas’ Dawn Storage Hub is the second largest physical natural gas trading hub in North America, with total capacity of close to 160 billion cubic feet per day and connections to 12 U.S. and Canadian pipelines
Strength through Diversity
We have a portfolio of diverse, high-performing businesses, all leading in their respective markets. Yet, we are greater than the sum of our parts. Spectra Energy’s diverse and balanced portfolio empowers us to excel and create value in all business and commodity cycles. Together, our unique positioning and portfolio make for a powerful platform for ongoing expansion and value creation.
U.S Transmission, which is owned by our master limited partnership, Spectra Energy Partners, transports about 15 percent of the natural gas consumed in the United States and has a storage capacity of about 300 billion cubic feet per day.
We also participate in North America’s rapidly expanding crude oil infrastructure market via our Liquids business, which operates the Express Pipeline and Platte Pipeline systems, moving crude oil from Western Canada to the Midwest.
Union Gas is a major Canadian natural gas storage, transmission and distribution company based in Ontario – and the second largest natural gas utility in Canada. Union Gas’ Dawn Storage Hub is the second largest physical natural gas trading hub in North America, with total capacity of close to 160 billion cubic feet per day and connections to 12 U.S. and Canadian pipelines.