Enterprise, Anadarko To Build Texas-Colo. Wet Gas Pipeline

Law360, New York (April 12, 2012, 2:37 PM EDT) -- Pipeline company Enterprise Product Partners LP, driller Anadarko Petroleum Corp. and DCP Midstream LLC, another oil and wet gas processor, are teaming up to build a 435-mile pipeline to connect unconventional shale plays in Colorado to a Texas hub, the parties announced Thursday.

Each company will own 33 percent of the Front Range pipeline, which will tap oil wells in the Niobrara formation, a corner of the Denver-Julesburg basin that some experts predict will succed Marcellus and Utica as the next frontier for shale oil and...
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