DCP Midstream
Our joint venture in DCP Midstream gives us access to one of the largest natural gas liquids producers and marketers, and one of the largest natural gas gatherers and processors in the United States.
DCP Midstream gathers, treats, compresses, processes, transports, markets and stores natural gas; and produces, fractionates, transports, trades and markets natural gas liquids (NGLs).
The Denver-based company operates in 16 states, across eight of the major U.S. natural gas regions. DCP Midstream gathers raw natural gas through 58,000 miles of gathering pipe and processes it through 53 owned or operated plants.
Through DCP Midstream’s 10 fractionating facilities, the market leader separates NGLs from the raw natural gas and "fractionates" the liquids into its individual ethane, propane, butane and natural gasoline components.
DCP Midstream owns the General Partnership of DCP Midstream Partners, LP, a master limited partnership.
DCP Midstream is a 50-50 joint venture between Spectra Energy and ConocoPhillips.


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