Midstream Natural Gas
Duke Energy Field Services (DEFS), headquartered in Denver, Colorado, leads the midstream industry as one of the nation’s largest natural gas gatherers, the largest natural gas liquids (NGLs) producer, and one of the largest NGL marketers. DEFS gathers raw natural gas through 56,000 miles of gathering pipe in six of the major U.S. natural gas regions. The gas is processed at 54 owned or operated plants. It gathers and transports approximately 6.8 trillion British thermal units of raw natural gas daily.
DEFS also owns or operates 11 fractionating facilites, and eight propane terminals. DEFS sells its NGLs to a variety of customers, ranging from large, multi-national petrochemical and refining companies to small propane distributors.
DEFS created a new master limited partnership in December 2005, DCP Midstream Partners, LP. DEFS owns the general partnership of DCP Midstream Partners, and manages and operates it assets in Louisiana and Texas.
DEFS is a 50-50 jont venture between Duke Energy and ConocoPhillips.