News Release

<< Back
Enterprise Begins Operation of Second Train at Yoakum Natural Gas Processing Facility in the Eagle Ford Shale

HOUSTON--(BUSINESS WIRE)--Sep. 10, 2012-- Enterprise Products Partners L.P. (NYSE:EPD) today announced the start-up of the second 300 million cubic feet per day (“MMcf/d”) train at the partnership’s Yoakum cryogenic natural gas processing plant in Lavaca County, Texas. With the additional train, nameplate capacity increases to 600 MMcf/d and the facility is capable of extracting approximately 74,000 barrels per day (“BPD”) of natural gas liquids (“NGL”). Enterprise is also on schedule to bring the third train at Yoakum into service in the first quarter of 2013, at which time total capacity at the complex will increase to 900 MMcf/d and 111,000 BPD of NGLs.

“Like the Eagle Ford Shale play itself, our Yoakum natural gas facility continues to exceed expectations and provide Enterprise with new growth opportunities,” said A.J. “Jim” Teague, executive vice president and chief operating officer of Enterprise’s general partner. “Based on the operating results we’ve seen from the first train which began service in May 2012, we expect the second and third trains to perform above their original design capacity, giving us the confidence to pursue additional processing commitments for all three plants.”

To date, Enterprise has completed construction of approximately 440 miles of natural gas pipelines as part of its Eagle Ford system that is connected to Yoakum and the partnership’s seven other integrated processing facilities in South Texas. Including the 900 MMcf/d of anticipated capacity at Yoakum, Enterprise expects ultimately to offer approximately 2.4 billion cubic feet per day of natural gas processing capacity for the region.

Construction of a 173-mile extension of the partnership’s NGL pipeline system from Yoakum to LaSalle County, Texas is also under way and on schedule to begin service in the second quarter of 2013. This project will link to Enterprise’s recently completed NGL pipeline system that delivers Eagle Ford Shale production from Yoakum to Mont Belvieu, Texas, where Enterprise is constructing three new NGL fractionators.

Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. The partnership’s assets include approximately 50,700 miles of onshore and offshore pipelines; 190 million barrels of storage capacity for NGLs, petrochemicals, refined products and crude oil; and 14 billion cubic feet of natural gas storage capacity. Services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage, and import and export terminals; crude oil and refined products transportation, storage and terminals; offshore production platforms; petrochemical transportation and services; and a marine transportation business that operates primarily on the United States inland and Intracoastal Waterway systems and in the Gulf of Mexico.

This press release includes “forward-looking statements” as defined by the Securities and Exchange Commission. All statements, other than statements of historical fact, included herein that address activities, events, developments or transactions that Enterprise expects, believes or anticipates will or may occur in the future, including anticipated benefits and other aspects of such activities, events, developments or transactions, are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including required approvals by regulatory agencies, the possibility that the anticipated benefits from such activities, events, developments or transactions cannot be fully realized, the possibility that costs or difficulties related thereto will be greater than expected, the impact of competition and other risk factors included in the reports filed with the Securities and Exchange Commission by Enterprise. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. Except as required by law, Enterprise does not intend to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

Source: Enterprise Products Partners L.P.

Enterprise Products Partners L.P.
Randy Burkhalter, 713-381-6812
Investor Relations
Rick Rainey, 713-381-3635
Media Relations

K-1 Tax Information

The Enterprise Products Partners L.P. (EPD) 2018 tax packages are currently available online. The mailing of the tax packages will be completed by February 28, 2019.

Contact Info

Investor Relations

P.O. Box 4324

Houston, TX 77210-4324 USA

Phone: (866) 230-0745

Fax: (713) 381-8200

Email: Investor.relations@eprod.com

Transfer Agent

Mail

EQ Shareowner Services

PO Box 64874

St Paul MN 55164-0874

855-235-0839


Overnight Mail

EQ Shareowner Services

1110 Centre Pointe Curve,

Suite 101

Mendota Heights MN 55120-4100