United States

Profile: Enterprise Products Partners LP (EPD.N)

EPD.N on New York Stock Exchange

23 Sep 2016
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Enterprise Products Partners L.P. (Enterprise), incorporated on April 9, 1998, is a provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals and refined products in North America. The Company's segments include NGL Pipelines & Services; Crude Oil Pipelines & Services; Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. The Company's midstream energy operations include natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage, and import and export terminals, including liquefied petroleum gas (LPG); crude oil gathering, transportation, storage and terminals; offshore production platforms; petrochemical and refined products transportation, storage and terminals, and related services, and a marine transportation business that operates primarily on the United States inland and Intracoastal Waterway systems and in the Gulf of Mexico.

NGL Pipelines & Services

The Company's NGL Pipelines & Services segment includes its natural gas processing plants and related NGL marketing activities; approximately 19,500 miles of NGL pipelines; NGL and related product storage facilities, and over 15 NGL fractionators. This segment also includes its NGL export docks and related operations. The Company's NGL marketing activities utilize a fleet of approximately 1,080 railcars, which are leased from third parties. These railcars are used to deliver feedstocks to its facilities and to distribute NGLs throughout the United States and parts of Canada. It has rail loading and unloading capabilities at certain of its terminal facilities in Arizona, California, Kansas, Louisiana, Minnesota, Mississippi, Nevada, New York, North Carolina and Texas.

The Company's NGL pipelines include Mid-America Pipeline System, South Texas NGL Pipeline System, Dixie Pipeline, Seminole Pipeline, Appalachia-to-Texas Express, Chaparral NGL System, Louisiana Pipeline System, Texas Express Pipeline, Skelly-Belvieu Pipeline, Front Range Pipeline, Promix NGL Gathering System, Rio Grande Pipeline, Houston Ship Channel, Panola Pipeline, Lou-Tex NGL Pipeline system, Tri-States NGL Pipeline, Texas Express Gathering System and Aegis Ethane Pipeline. The Company operates its NGL pipelines with the exception of the Skelly-Belvieu Pipeline, Texas Express Gathering System and Tri-States NGL Pipeline.

The Company's underground storage facility is located in Mont Belvieu, Texas. This facility consists of approximately 40 underground storage caverns used to store and redeliver mixed NGLs and NGL purity, petrochemical and related products for industrial customers located along the upper Texas Gulf Coast. This facility has an aggregate usable storage capacity of approximately 127 million barrels (MMBbls), a brine system with approximately 21 MMBbls of above-ground brine storage pit capacity and over four wells available for brine production.

The Company owns a marine terminal located on the Houston Ship Channel. The Company also owns an NGL import facility located at the same terminal as its Houston Ship Channel LPG export terminal. It owns or has interests in approximately 15 NGL fractionators, which separate mixed NGL streams into purity NGL products, located in Texas and Louisiana. The primary sources of mixed NGLs fractionated in the United States are domestic natural gas processing plants, crude oil refineries and imports of butane and propane mixtures. Mixed NGLs sourced from domestic natural gas processing plants and crude oil refineries are transported to NGL fractionation facilities by NGL pipelines. Its NGL fractionators include Mont Belvieu, Shoup and Armstrong, Hobbs, Norco, Promix, BRF and Tebone.

Crude Oil Pipelines & Services

The Company's Crude Oil Pipelines & Services business segment includes approximately 5,400 miles of crude oil pipelines and related operations, crude oil storage and marine terminals and its crude oil marketing activities. The Company's Crude Oil Pipelines & Services segment also includes a fleet of over 480 tractor-trailer tank trucks, which it leases and operates, that are used to transport crude oil. Its crude oil pipelines and related operations include crude oil gathering and transportation pipelines in Texas, Oklahoma and New Mexico. The Company's Crude oil pipelines include Seaway Pipeline, Red River System, West Texas System, South Texas Crude Oil Pipeline System, Basin Pipeline, EFS Midstream System and Eagle Ford Crude Oil Pipeline System. It owns terminals located in Houston, Midland and Beaumont, Texas and Cushing, Oklahoma that are used to store crude oil for its customers. Its Crude oil terminals include Houston Ship Channel Terminal, ECHO terminal, Cushing terminal, Beaumont Marine West Crude Oil Terminal, Midland terminal and Morgan's Point terminal.

Natural Gas Pipelines & Services

The Company's Natural Gas Pipelines & Services segment includes approximately 19,100 miles of natural gas pipeline systems that provide for the gathering and transportation of natural gas in Colorado, Louisiana, New Mexico, Texas and Wyoming. The Company leases underground salt dome natural gas storage facilities located in Texas and Louisiana and own an underground salt dome storage cavern in Texas. This segment also includes its related natural gas marketing activities. Its natural gas pipeline systems gather and transport natural gas from producing regions, such as the Eagle Ford Shale, Haynesville Shale, San Juan, Barnett Shale, Permian, Piceance and Greater Green River supply basins. Its natural gas pipelines receives natural gas from producers, other pipelines or shippers at the wellhead or through system interconnects and redeliver the natural gas to processing facilities, local gas distribution companies, industrial or municipal customers, storage facilities or other onshore pipelines. Its Natural gas pipelines and storage includes Texas Intrastate System, Acadian Gas System, Jonah Gathering System, Piceance Basin Gathering System, San Juan Gathering System, White River Hub, Haynesville Gathering System, Fairplay Gathering System, Carlsbad Gathering System, Indian Springs Gathering System, Delmita Gathering System, South Texas Gathering System and Big Thicket Gathering System.

Petrochemical & Refined Products Services

The Company's Petrochemical & Refined Products Services business segment includes propylene fractionation and related operations, including approximately 670 miles of pipelines; a butane isomerization complex, associated deisobutanizer units and related pipeline assets; octane enhancement and high purity isobutylene production facilities; refined products pipelines aggregating approximately 4,200 miles, terminals and related marketing activities, and marine transportation. The Company's propylene fractionation and related operations consist of approximately seven propylene fractionation plants, including pipeline systems aggregating approximately 680 miles in length, and related petrochemical marketing activities. This business includes an export facility and associated above-ground storage spheres for polymer grade propylene located in Seabrook, Texas. It operates all of its propylene fractionation and related assets except for the Lake Charles Pipeline in Louisiana.

The Company's Petrochemical pipelines include Lou-Tex Propylene Pipeline, Texas City RGP Gathering System, North Dean Pipeline System, Propylene Splitter PGP Distribution System, Lake Charles PGP Pipeline, La Porte PGP Pipeline and Sabine Pipeline. The Company owns and operates an octane enhancement production facility located in Mont Belvieu, Texas that is designed to produce isooctane, isobutylene and methyl tertiary butyl ether (MTBE). The products produced by this facility are used in reformulated motor gasoline blends. It also owns a facility located on the Houston Ship Channel that produces over four thousand barrels per day (MBPD) of high purity isobutylene (HPIB) and includes an associated storage facility with approximately 0.6 MMBbls of storage capacity.

Refined products pipelines include its TE Products Pipeline and an investment in Centennial Pipeline LLC (Centennial). The refined petroleum products (refined products) transported by these pipelines are produced by refineries and primarily include motor gasoline and distillates. The Company's Refined products pipelines and terminals include TE Products Pipeline and Centennial Pipeline. The Company owns and operates over two refined products storage and export facilities located in Beaumont, Texas and refined products marketing and distribution terminals located in Alabama and Mississippi. The principal assets of this business are the Beaumont Marine East and West Refined Products Terminals. Its marine transportation business consists of approximately 60 tow boats and over 130 tank barges that are used to transport refined products, crude oil, asphalt, condensate, heavy fuel oil, LPG and other petroleum products. Its marine transportation assets service refinery and storage terminal customers along the Mississippi River, the intracoastal waterway between Texas and Florida and the Tennessee-Tombigbee Waterway system. The Company owns and operates a shipyard and repair facility located in Houma, Louisiana and marine fleeting facilities located in Bourg, Louisiana and Channelview, Texas.

Company Address

Enterprise Products Partners LP

1100 Louisiana St Fl 10
HOUSTON   TX   77002-5432
P: +1713.3816500
F: +1302.6555049

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