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About
Midcoast Energy Partners LP operates as a primary vehicle for owning and growing its natural gas and natural gas liquids, midstream business in the United States. It operates through two segments: Gathering, Processing and Transportation and Logistics and Marketing. The Gathering, processing and Transportation segment includes natural gas and NGL gathering and transportation pipeline systems, natural gas processing and treating facilities and NGL fractionation facilities. The Logistics and Marketing segment markets natural gas. The company was founded on May 30, 2013 and is headquartered in Houston, TX. | |||
Description
Midcoast Energy Partners, L.P. engages in gathering, processing, treating, transporting, and marketing natural gas, natural gas liquids (NGLs), crude oil, and condensate in the United States. It operates through two segments, Gathering, Processing and Transportation; and Logistics and Marketing. The company gathers unprocessed and untreated natural gas from wellhead locations and other receipt points; processes the natural gas to remove NGLs and impurities; and transports processed natural gas and NGLs to intrastate and interstate pipelines for transportation to various customers and market outlets. It also markets natural gas and NGLs to wholesale customers. The company operates approximately 10,800 miles of natural gas gathering and transmission pipelines; and approximately 282 miles of NGL gathering and transportation pipelines, as well as holds a 35% aggregate interest in an approximately 593-mile NGL intrastate transportation mainline and a related NGL gathering system that consists of approximately 116 miles of gathering lines. Midcoast Holdings, L.L.C. serves as the general partner of the company. The company was founded in 2013 and is headquartered in Houston, Texas. Midcoast Energy Partners, L.P. is a subsidiary of Enbridge Energy Partners L.P. |