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DCP Midstream Becomes No. 1 Natural Gas Processor & NGL Producer in U.S., Plans Billions in CapEx Growth, an Industrial Info News Alert

SUGAR LAND, TX — (Marketwired) — 11/19/13 — Written by Edward Weatherly for Industrial Info Resources (Sugar Land, Texas) — DCP Midstream LLC (Denver, Colorado), a joint venture between (NYSE:PSX) (Houston, Texas) and (NYSE:SE) (Houston), is now ranked as the No. 1 (NGLs) in the U.S. by Heart Energy in its annual industry rankings report. DCP processed an average 6.1 billion cubic feet per day (Bcf/d) of natural gas and produced approximately 401,914 barrels per day (BBL/d) of NGLs, representing 12% and 17%, respectively, of total U.S. production. Numerous gathering, processing and logistics projects amount to $5 billion to $7 billion in capital expenditures between now and 2015.

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