United States

Profile: Enbridge Energy Partners LP (EEP.N)

EEP.N on New York Stock Exchange

15 Dec 2017
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Enbridge Energy Partners, L.P, incorporated on October 16, 1991, is a geographically and operationally diversified organization that provides crude oil and liquid petroleum gathering; transportation and storage services. The Company operates through the Liquids business segment. Its Liquids segment includes the operations of its Lakehead, North Dakota and mid-continent systems.

The Company's Lakehead system along with the Enbridge system formed the Mainline system, together formed the liquid petroleum pipeline system, as of December 31, 2016. The Mainline system serves refining centers in the Great Lakes and Midwest regions of the United States and the provinces of Ontario and Quebec, Canada. The Lakehead system is the United States portion of the Mainline system. It is an interstate common carrier pipeline system and is the primary transporter of crude oil and liquid petroleum from Western Canada to the United States. The Mainline system operated in a segregated, or batch, mode allowing the transportation of over 30 crude oil commodities classified as light, medium, or heavy crude oil, condensate and NGLs, as of December 31, 2016. Its Lakehead system is interconnected to transportation hubs located within Petroleum Administration for Defense Districts such as, Chicago, Illinois; Patoka, Illinois, and Cushing, Oklahoma (PADD II). It caters to integrated oil companies, independent oil producers, refiners and marketers. The Lakehead system spanned approximately 2,211 miles, and included approximately 5,022 miles of pipe and 75 pump stations, as of December 31, 2016.

The Company's Mid-Continent system is located within PADD II and comprises its Ozark pipeline and storage terminals at Cushing, Oklahoma. Its Ozark pipeline transports crude oil from Cushing, Oklahoma to Wood River, Illinois, delivering to the WRB refinery. Its Ozark pipeline interconnects with the Woodpat Pipeline and the Wood River Pipeline, each owned by unrelated parties. Its storage terminals consisted of 109 individual storage tanks ranging in size from 78,000 to 570,000 barrels, as of December 31, 2016. Of the approximately 25.1 million barrels of storage shell capacity on its Mid-Continent system, the Cushing terminal accounted for approximately 19.7 million barrels, as of December 31, 2016. Its Mid-Continent system consisted of approximately 433 miles of crude oil pipelines, which included the Federal Energy Regulatory Commission (FERC)-regulated Ozark pipeline. It caters to integrated oil companies, independent oil producers, refiners and marketers.

The Company's North Dakota system is a crude oil gathering and interstate pipeline transportation system servicing the Williston Basin in North Dakota and Montana, which includes the Bakken and Three Forks formations. The gathering pipelines that comprised its North Dakota system collected crude oil from approximately 80 different receipt facilities located throughout western North Dakota, as of December 31, 2016. Its pipeline deliveries have been made into interconnecting pipelines at Clearbrook, Minnesota where two other pipelines originate: a third-party pipeline serving St. Paul, Minnesota refinery markets, and its Lakehead system. Its North Dakota system includes refiners of crude oil, producers of crude oil and purchasers of crude oil at the wellhead, such as marketers, that require crude oil gathering and transportation services. Its North Dakota crude oil system was approximately 660 miles long, had 20 pump stations, multiple delivery points and storage facilities with an aggregate working storage capacity of approximately 1.8 million barrels, as of December 31, 2016.

Company Address

Enbridge Energy Partners LP

5400 Westheimer Ct
HOUSTON   TX   77056-5353
P: +1713.8212000
F: +1713.3535637

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