SOURCE: Industrial Info Resources

Industrial Info Resources

April 10, 2012 06:40 ET

DCP Midstream Developing Heavily in Texas and Natural Gas Liquids, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Apr 10, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- DCP Midstream LLC (Denver, Colorado) is forging ahead with development of gathering and processing resources, particularly in Texas. In January of 2011, DCP had an excess of 250 million cubic feet per day (MMCFD) of processing capacity in the Eagle Ford Shale, which stretches through the southern and eastern parts of Texas. At that time, DCP announced plans for one of several new processing plants throughout Texas, the Eagle gas plant. The Eagle gas plant, one of two in the Eagle Ford Shale, is currently under construction and is expected to be completed in the third quarter of this year. In addition to the Eagle gas plant, DCP is investing $190 million in three other new processing plants in Texas.

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