DCP Midstream Expands Role in DJ Basin as it Takes Top Spot in NGL Production
DCP Midstream Expands Role in DJ Basin as it Takes Top Spot in NGL Production
SUGAR LAND--February 15, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Less than a month after it was formed, DCP Midstream LP (NYSE:DCP) (Houston, Texas) already is the largest natural gas liquids (NGL) producer and gas processor in the U.S. and is expanding its foothold in a key location. Despite a rough pricing environment and weak results from the natural gas services segment, DCP continued to map out a series of major growth projects for the next two years. Industrial Info is tracking $1.5 billion in active projects involving DCP.
Within this article: Details on DCP's outlook for the year and several of its major growth projects, including new capacity in the Denver-Julesburg Basin, Kansas and Oklahoma.
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