News Release
Dec. 12, 2001

DUKE ENERGY FIELD SERVICES ANNOUNCES NATURAL GAS PROCESSING PLANT START-UP IN PORT ARTHUR, TEXAS

DENVER – Duke Energy Field Services (DEFS) will soon begin operations of a new natural gas processing plant in Port ArthurTexas.

Start-up procedures have begun at the facility, which will have the capacity to process 200 million cubic feet per day (MMcf/d) of natural gas and produce more than 11,000 barrels per day of natural gas liquids (NGLs). This replaces the existing 150 MMcf/d plant. In addition, the new plant has an efficient ethane recovery rate that exceeds 80 percent. This is a significant improvement over the recovery rate of the previous plant.  

“We are excited to provide the increase in capacity and more efficient natural gas processing,” said Mark Borer, senior vice president, DEFS. “This new Port Arthur facility will better meet the increasing volumes from our customers.”

DEFS is a premier North American midstream energy company that leads or is among the nation’s leaders in the gathering and processing of natural gas and the production, transportation and marketing of NGLs. Other services include transportation, marketing and storage of natural gas. DEFS has 2,700 employees and operates in 11 states across five of the largest natural gas producing regions in North America, extending from western Canada to the Gulf Coast. The Denver-based company owns and operates 64 plants, 57,000 miles of pipeline and had revenues of $9 billion and assets of $6 billion in 2000. Current volumes exceed 8 Tbtu/d of natural gas and 400,000 Bbls/d of NGLs. DEFS also owns the general partner of TEPPCO Partners, L.P., a publicly traded master limited partnership.

DEFS was formed by combining the Duke Energy and Phillips Petroleum natural gas gathering and processing businesses. Duke Energy owns approximately 70 percent of the joint venture and Phillips Petroleum owns about 30 percent. More information is available about the company at www.defs.com.

Contact: Tom Long
Phone: 303/605-1731
24 Hour Phone: 704/382-8333
Email: telong@duke-energy.com