Duncan Energy Company Description
Duncan Energy Partners (DEP) goes deep to make its money. The company, a spinoff from Enterprise Products Partners, finds, stores, and transports natural gas and other petrochemicals. Its operations include Mont Belvieu Caverns (33 salt dome storage "tanks" with a 100 million barrels capacity), the Acadian Gas pipeline in Louisiana, propylene pipelines between Texas and Louisiana, and a 286-mile long intrastate natural gas liquids (NGLs) pipeline. Acadian Gas' 1,000 miles of pipelines connects on- and off-shore gas fields with statewide distributors, power plants, and industrial customers. Enterprise Products Partners, also chaired by oilman Dan Duncan, controls 26.4% of DEP.
View the Comprehensive Company Description for Duncan Energy
The Company Description provides a historical perspective of Duncan Energy's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Duncan Energy's evolution in the marketplace.
