Enterprise Products Partners L.P.

SEC Filings

10-K
ENTERPRISE PRODUCTS PARTNERS L P filed this Form 10-K on 02/28/2018
Entire Document
 


The following table presents selected information regarding our primary NGL fractionation facilities at February 1, 2018:

   
Our
Net Plant
Total Plant
   
Ownership
Capacity
Capacity
Description of Asset
Location
Interest
(MBPD) (1)
(MBPD)
NGL fractionation facilities:
       
Mont Belvieu
Texas
Various  (2)
572
670
Shoup and Armstrong
Texas
100.0%
93
93
Hobbs
Texas
100.0%
75
75
Norco
Louisiana
100.0%
75
75
Promix
Louisiana
  50.0%  (3)
73
145
Baton Rouge
Louisiana
  32.2%  (4)
19
60
   Total
   
907
1,118
         
(1)   The approximate net plant capacity does not necessarily correspond to our ownership interest in each facility.  The capacity is based on a variety of factors such as the level of volumes an owner processes at the facility and contractual arrangements with joint owners.
(2)   Six of our eight Mont Belvieu NGL fractionators are held jointly with third parties.  We proportionately consolidate a 75% undivided interest in three units and substantially all of a fourth unit.  We own a 75% consolidated equity interest in NGL fractionators VII and VIII through our majority owned subsidiary, Enterprise EF78 LLC.  The remaining two units, NGL fractionators V and VI, are wholly owned by us.
(3)   Our ownership interest in the Promix fractionator is held indirectly through our equity method investment in Promix.
(4)   Our ownership interest in the Baton Rouge fractionator is held indirectly through our equity method investment in Baton Rouge Fractionators LLC (“BRF”).

On a weighted-average basis, overall utilization rates for our NGL fractionators were 91.0%, 90.2% and 90.1% during the years ended December 31, 2017, 2016 and 2015, respectively.  We operate all of our NGL fractionators.  The following information describes each of our principal NGL fractionators:

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Our Mont Belvieu NGL fractionation complex is located at Mont Belvieu, Texas, which is a key hub of the global NGL industry.  Our Mont Belvieu NGL fractionation assets process mixed NGLs from several major NGL supply basins in North America, including the Eagle Ford Shale, Rocky Mountains, Mid-Continent, Permian Basin and San Juan Basin.  Our Mont Belvieu NGL fractionation complex features connectivity to our network of NGL supply and distribution pipelines, approximately 130 MMBbls of salt dome storage capacity, and access to international markets through our existing LPG export facility and ethane export facility.

In March 2017, we resumed construction of our ninth NGL fractionator at Mont Belvieu in anticipation of increased NGL production from the Permian Basin.  The new fractionator, which is expected to be completed by mid-2018, would have a nameplate capacity of 85 MBPD.  Upon completion of this expansion project, we would have approximately 755 MBPD of total NGL fractionation capacity at our Mont Belvieu complex.

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Our Shoup and Armstrong NGL fractionators process mixed NGLs supplied by our South Texas natural gas processing plants.  Purity NGL products from the Shoup and Armstrong fractionators are transported to local markets in the Corpus Christi area and also to Mont Belvieu, Texas using our South Texas NGL Pipeline System.

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Our Hobbs NGL fractionator serves NGL producers in West Texas, New Mexico and Colorado.  The Hobbs fractionator receives mixed NGLs from several major supply basins, including the Mid-Continent, Permian Basin, San Juan Basin and Rocky Mountains.  The facility is located at the interconnect of our Mid-America Pipeline System and Seminole Pipeline, thus providing us the operating flexibility to supply both the nation’s largest NGL hub at Mont Belvieu as well as access to the second-largest NGL hub at Conway, Kansas.

§
Our Norco NGL fractionator receives mixed NGLs via pipeline from refineries and natural gas processing plants located in southern Louisiana and along the Mississippi and Alabama Gulf Coast, including our Pascagoula, Venice and Toca facilities.
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