Enterprise Products Partners L.P. is a natural gas

Natural gas

Natural gas is a naturally occurring gas mixture consisting primarily of methane, typically with 0–20% higher hydrocarbons . It is found associated with other hydrocarbon fuel, in coal beds, as methane clathrates, and is an important fuel source and a major feedstock for fertilizers.Most natural...

 and crude oil pipeline

Pipeline transport

Pipeline transport is the transportation of goods through a pipe. Most commonly, liquids and gases are sent, but pneumatic tubes that transport solid capsules using compressed air are also used....

 company with headquarters in Houston, Texas

Houston, Texas

Houston is the fourth-largest city in the United States, and the largest city in the state of Texas. According to the 2010 U.S. Census, the city had a population of 2.1 million people within an area of . Houston is the seat of Harris County and the economic center of , which is the ...

. It acquired GulfTerra in September 2004, and is a member of the Fortune 500

Fortune 500

The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks the top 500 U.S. closely held and public corporations as ranked by their gross revenue after adjustments made by Fortune to exclude the impact of excise taxes companies collect. The list includes publicly and...

. Dan Duncan

Dan Duncan

Dan L Duncan was an American born in Center, Texas. He was the co-founder, chairman and majority shareholder of Enterprise Products.- Philanthropy :...

 (1933–2010) was the majority owner.

Assets

According to the company website http://www.epplp.com/cp_bp_o.html it has the following assets:

Pipelines

of natural gas pipelines of NGL and petrochemical pipelines of Gulf of Mexico crude oil pipelines

Drilling platforms

• 7 offshore Gulf of Mexico hub platforms
• NGL Import/Export Terminals on the Houston Ship Channel
• Import - unload up to 10,000 Bbls/hr; Export - load up to 5,000 Bbls/hr

Fractionation

• NGL - 9 plants with a net capacity of approximately 439 MBPD
• Propylene - 4 plants with a net capacity of approximately 65 MBPD
• Isomerization - 3 plants with a net capacity of approximately 116 MBPD

History

In 2005, Ralph S. Cunningham became CEO of Enterprise Products Partners.

On July 23, 2007 Ralph S. Cunningham instead replaced Michael A. Creel as president and CEO of the affiliated Enterprise GP Holdings

Enterprise GP Holdings

Enterprise GP Holdings was a midstream energy holding company based in Houston, Texas that made its debut on the Fortune 500 list at #177 in 2007. It had its corporate headquarters in the Enterprise Plaza in Downtown Houston....

 LP . Cunningham had earlier been named interim president and CEO, and resigned from the Enterprise Products CEO position effective July 31, 2007. Creel then instead became president and CEO of the company's general partner Enterprise Products Partners LP.

Cunningham also became a director of both Enterprise GP Holdings and affiliated Duncan Energy Partners LP .

Enterprise Products acquired Enterprise GP Holdings

Enterprise GP Holdings

Enterprise GP Holdings was a midstream energy holding company based in Houston, Texas that made its debut on the Fortune 500 list at #177 in 2007. It had its corporate headquarters in the Enterprise Plaza in Downtown Houston....

in 2010.

Plant Explosion

On February 8, 2011 a series of explosions destroyed much of a Mont Belvieu facility owned and operated by Enterprise Products. The ensuing fire was controlled after 2 hours. One contractor at the plant was not accounted for however no other injuries were reported.