(hydrocarbonprocessing) -- Enterprise Products, Anadarko Petroleum and DCP Midstream agreed to build a new NGL pipeline that will start in the Denver-Julesburg Basin in Weld County, Colorado, and extend 435 miles to Skellytown, Texas. Enterprise will build and operate the pipeline, which begins service in the 2013 fourth quarter.
Enterprise Products, Anadarko Petroleum and DCP Midstream have agreed to design and construct a new natural gas liquids (NGL) pipeline that will originate in the Denver-Julesburg Basin (DJ Basin) in Weld County, Colorado, and extend 435 miles to Skellytown, Texas, in Carson County. Each party will hold a one-third interest.
The new Front Range pipeline (Front Range), with connections to the Mid-America pipeline system and the recently announced Texas Express pipeline, will help producers in the DJ Basin maximize the value of NGL production by providing takeaway capacity and market access to the Gulf Coast, the largest NGL market in the US, officials said.
Depending on shipper interest to an upcoming binding open commitment period, initial capacity on Front Range is expected to be approximately 150,000 bpd, which can be expanded to about 230,000 bpd.