Denver-based DCP Midstream reduced its workforce by about 20% in corporate staff functions. The company will close its Oklahoma City regional office and reduce its workforce in Tulsa and Midland, relocating functions in those locations mostly to its Denver headquarters and Houston regional office.

“DCP contributes to the country’s energy vitality as the largest natural gas gatherer and processor and natural gas liquids producer. With a 90-year history, we are repositioning ourselves for the long term and ensuring we have a sustainable workforce that meets our future needs,” said Chairman and CEO Wouter van Kempen. “While this transition is difficult, we are establishing DCP for continued growth founded upon a culture of operational excellence.”