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DCP Midstream Partners, LP, together with its subsidiaries, owns, operates, acquires, and develops a diversified portfolio of midstream energy assets in the United States. It operates in three segments: Natural Gas Services, NGL Logistics, and Wholesale Propane Logistics. The Natural Gas Services segment is engaged in gathering, compressing, treating, processing, transporting, storing, and selling natural gas. This segment holds approximately 11,500 miles of pipelines; 20 plants; 5 fractionators; approximately 3.2 billion cubic feet per day of processing capacity; and 15 billion cubic feet of natural gas storage capacity. The NGL Logistics Segment is involved in producing, fractionating, transporting, storing, and selling natural gas liquids (NGLs), and recovering and selling condensate. This segment operates 4 fractionators; approximately 1,500 miles of NGL pipelines; and 7 MMBbls of NGL storage capacity. The Wholesale Propane Logistics segment is engaged in transporting, storing, and selling propane in wholesale markets. This segment owns/leases terminals: 6 rail, 1 pipeline, and 2 marine net storage capacity with 975 thousand barrels. The company serves retail and wholesale propane customers, refining and petrochemical companies, and NGL marketers operating in the liquid hydrocarbons industry. DCP Midstream Partners, LP was founded in 2005 and is based in Denver, Colorado. DCP Midstream Partners LP operates as a subsidiary of DCP Midstream LLC.
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