The D in DCP Midstream Partners is for Duke Energy; the CP, ConocoPhillips. These two energy majors own parent Duke Energy Field Services, a joint venture which formed DCP Midstream Partners in 2005 to control, manage, and expand a portfolio of related midstream energy assets. DCP Midstream Partners is engaged in natural gas gathering, compressing, treating, processing, transporting, and selling. It also transports and sells natural gas liquids (NGLs). The company operates a 1,430-mile integrated natural gas pipeline system in Louisiana and Arkansas. Its NGLs logistics business unit includes t...he Seabreeze NGLs pipeline (Texas) and the 50%-owned Black Lake NGLs pipeline (Louisiana and Texas).
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