DCP Midstream is increasing its capital expenditures (capex) for the remainder of the year as it works to accelerate projects and infrastructure for its customers, management said Tuesday.
Kempen
Articles from Kempen
BP, DCP Execs See More Energy Industry Consolidation Coming
It’s only a matter of months before consolidation quickens across the oil and natural gas complex, two top energy veterans told a Denver audience Tuesday at the 27th Annual Rocky Mountain Energy Summit.
Commodity Price Downcycle Offers Opportunities, Say BP, DCP Execs
Waiting for oil and natural gas prices to strengthen isn’t the way to play the downturn, two top U.S. energy executives said Tuesday at the 27th Annual Rocky Mountain Energy Summit.
Industry Brief
The Sand Hills and Southern Hills natural gas liquids (NGL) pipelines have entered service, according to DCP Midstream, Phillips 66 and Spectra Energy Corp., which each own a one-third interest in the pipelines. The 720-mile Sand Hills is transporting NGL from the Permian Basin and Eagle Ford Shale. The 800-mile Southern Hills is transporting NGL from production in the Midcontinent. “DCP Midstream will have an integrated NGL pipeline system, consisting of Sand Hills and Southern Hills as well as our interests in the Front Range and Texas Express pipelines, that connect our gathering and processing systems located in most of the major liquids-rich and oil-driven shale plays to growing Gulf Coast markets,” said DCP Midstream CEO Wouter van Kempen.