Natural gas processing company DCP Midstream Partners LP has moved one step ahead of its customers — oil and gas companies producing record amounts of oil and natural gas in the rich fields north and east of Denver — with the opening of a new processing plant near Kersey in Weld County.
The Denver Business Journal got a good look at the plant, and talked to DCP executives about its importance, at the plant’s opening celebration on Wednesday.
The Denver-based company (NYSE: DPM) invested $270 million on the plant, which is capable of handling up to 110 million cubic feet of natural gas per day.
The O’Connor plant, about an hour northeast of Denver, is named in honor ofTom O’Connor, chairman of the board of DCP Midstream Partners, and former CEO and chairman of parent company DCP Midstream LLC.
But the company isn’t resting on its laurels.
“This is a great day,” said Wouter van Kempen at the celebration to officially open the plant, about an hour northeast of Denver.