DCP Midstream Partners LP completed its previously announced dropdown acquisition of the remaining interest in DCP Southeast Texas Holdings GP from its general partner, DCP Midstream LLC for $240 million.
Officials from Williams Partners and Caiman Energy discussed the sale of Caiman's Marcellus midstream assets to Williams along with their joint venture in the Utica shale at this week's Hart Energy Marcellus Midstream conference.
Howard Energy Partners reached an agreement to acquire substantially all of Meritage Midstream Services' natural gas gathering assets in South Texas with a 400 million cubic feet per day (MMcf/d) of capacity.
DCP Midstream Partners LP is seeking to leverage its strength as the top NGL producer to reposition the company from being gathering- and processing- centric to being a full NGL value chain midstream service provider.
Chesapeake Midstream Partners officials are confident that the company will meet its 2012 outlook and capital spending despite the decision by Chesapeake Energy to curtail its gross natural gas production.