Enterprise Products
| Company type | Public |
|---|---|
| Industry | Midstream energy |
| Founder | Dan Duncan |
| Headquarters | Houston , United States |
Area served | United States |
Key people | Ralph S. Cunningham (former CEO), Michael A. Creel (former CEO) |
| Products | Natural gas pipelines, crude oil pipelines, natural gas liquids pipelines, storage facilities, marine terminals, fractionation plants, natural gas processing plants |
| Owner | Duncan family (majority ownership) |
Enterprise Products Partners L.P. () is a midstream company based in Houston, specializing in natural gas and crude oil pipelines. The firm expanded its operations by acquiring GulfTerra in September 2004 and secured the 105th position on the 2018 Fortune 500 ranking by total revenue. Ownership remains predominantly with the Duncan family, initially led by founder Dan Duncan until his passing in 2010.
History
Ralph S. Cunningham took on the role of CEO at Enterprise Products Partners in 2005.
On July 23, 2007, Cunningham succeeded Michael A. Creel as president and CEO of the related entity Enterprise GP Holdings LP (). Prior to this, Cunningham had served as interim president and CEO but stepped down from his Enterprise Products CEO position effective July 31, 2007. Subsequently, Creel assumed the president and CEO roles at Enterprise Products Partners L.P.
Additionally, Cunningham joined the boards of Enterprise GP Holdings and the affiliated Duncan Energy Partners LP ().
In 2010, Enterprise Products completed the acquisition of Enterprise GP Holdings.
Incidents
On June 7, 2005, a fatal incident occurred when a leak ignited during pipeline pigging facility replacement in Mirando City, Texas, resulting in the death of one repair crew member.
An explosion on February 8, 2011, destroyed a significant portion of an Enterprise Products facility in Mont Belvieu. The fire was extinguished after two hours; one contractor remained missing while no other injuries were reported.
A full girth weld failure caused an LPG pipeline leak on December 27, 2011, in Loving County, Texas. During repair efforts, a flash fire injured three workers. The rupture was attributed to a weld defect dating back to 1928 combined with operator error.
On January 26, 2015, an ethane pipeline measuring 20 inches exploded in Brooke County, West Virginia. The fire consumed five acres and approximately 1.28 million gallons of ethane. The cause was suspected to be a girth weld flaw on a pipeline less than two years old; fortunately, no injuries were reported.
Approximately 42,000 gallons of crude oil spilled on December 1, 2015, at the West Cushing Tank Farm in Oklahoma due to internal corrosion affecting a tank line.
An Enterprise pipeline ruptured on November 29, 2016, in Platte County, Missouri, releasing about 210,000 gallons of an ethane-propane mixture. Stress corrosion cracking was identified as the cause. There were no evacuations or injuries associated with this event.
A road construction crew accidentally punctured the Seaway S-1 crude oil pipeline in Texas on January 30, 2017. This pipeline is operated as a joint venture between Enterprise Products Partners and Enbridge Inc., resulting in an oil spill near Highway 121 northeast of Dallas. The incident contributed to nearly a 2% increase in oil prices due to supply concerns.
An explosion occurred near Loving, New Mexico, on December 6, 2017, involving an Enterprise pipeline; residents within a two-mile radius were advised to evacuate voluntarily.
On August 21, 2020, a dredging vessel collided with a submerged Enterprise propane pipeline in Corpus Christi harbor. The accident caused an explosion and fire that resulted in five fatalities and six injuries among crew members.
On December 5, 2024, an estimated 23,000 gallons of gasoline leaked from an Enterprise Products pipeline close to Durango, Colorado. The spill flooded private wells with gasoline depths reaching up to twelve feet. Benzene contamination has been detected migrating toward the Animas River.
Assets
Based on information from the company's website and official regulatory documents, Enterprise Products Partners L.P. holds the following assets:
Pipelines
The company operates roughly of pipelines, which include:
- Natural Gas Liquids (NGL) Pipelines & Services: dedicated to transporting natural gas liquids
- Onshore Natural Gas Pipelines & Services: used for natural gas transmission on land
- Onshore Crude Oil Pipelines & Services: consisting of crude oil pipelines located onshore
- Offshore Pipelines & Services: comprising natural gas and crude oil pipelines in the Gulf of Mexico
- Propylene Pipelines: spanning propylene pipelines across Texas and Louisiana
Storage (Salt Dome)
- NGL storage facilities with a capacity of
- Natural gas storage facilities with a capacity of
Marine Terminals
- NGL import and export terminals situated along the Houston Ship Channel
- Import throughput capacity reaching up to 8,100 barrels per hour
- Export throughput capacity reaching up to 10,000 barrels per hour
Fractionation
- A total of 19 fractionation plants for NGL and propylene processing
- Nine NGL fractionators with a combined net capacity near 439 thousand barrels per day (Mbpd)
- Two propylene fractionation facilities with a net capacity around 87 Mbpd
- Three isomerization plants offering a net capacity close to 116 Mbpd
Natural Gas Processing
- Twenty-six processing plants with an aggregate net processing capability of 6.3 billion cubic feet per day (Bcf/day)