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DVN » Topics » Marketing and Midstream Activities

These excerpts taken from the DVN 10-K filed Feb 27, 2009.
Marketing and Midstream Activities
 
The primary objective of our marketing and midstream operations is to add value to us and other producers to whom we provide such services by gathering, processing and marketing oil, gas and NGL production in a timely and efficient manner. Our most significant midstream asset is the Bridgeport processing plant and gathering system located in north Texas. These facilities serve not only our gas production from the Barnett Shale but also gas production of other producers in the area. Our midstream assets also include our 50% interest in the Access Pipeline transportation system in Canada. This pipeline system allows us to blend our Jackfish heavy oil production with condensate and then transport the combined product to the Edmonton area for sale.
 
Our marketing and midstream revenues are primarily generated by:
 
  •  selling NGLs that are either extracted from the gas streams processed by our plants or purchased from third parties for marketing, and
 
  •  selling or gathering gas that moves through our transport pipelines and unrelated third-party pipelines.
 
Our marketing and midstream costs and expenses are primarily incurred from:
 
  •  purchasing the gas streams entering our transport pipelines and plants;
 
  •  purchasing fuel needed to operate our plants, compressors and related pipeline facilities;
 
  •  purchasing third-party NGLs;
 
  •  operating our plants, gathering systems and related facilities; and
 
  •  transporting products on unrelated third-party pipelines.
 
Marketing and Midstream Activities
 
The primary objective of our marketing and midstream operations is to add value to us and other producers to whom we provide such services by gathering, processing and marketing oil, gas and NGL production in a timely and efficient manner. Our most significant midstream asset is the Bridgeport processing plant and gathering system located in north Texas. These facilities serve not only our gas production from the Barnett Shale but also gas production of other producers in the area. Our midstream assets also include our 50% interest in the Access Pipeline transportation system in Canada. This pipeline system allows us to blend our Jackfish heavy oil production with condensate and then transport the combined product to the Edmonton area for sale.
 
Our marketing and midstream revenues are primarily generated by:
 
  •  selling NGLs that are either extracted from the gas streams processed by our plants or purchased from third parties for marketing, and
 
  •  selling or gathering gas that moves through our transport pipelines and unrelated third-party pipelines.
 
Our marketing and midstream costs and expenses are primarily incurred from:
 
  •  purchasing the gas streams entering our transport pipelines and plants;
 
  •  purchasing fuel needed to operate our plants, compressors and related pipeline facilities;
 
  •  purchasing third-party NGLs;
 
  •  operating our plants, gathering systems and related facilities; and
 
  •  transporting products on unrelated third-party pipelines.
 
Marketing
and Midstream Activities


 





The primary objective of our marketing and midstream operations
is to add value to us and other producers to whom we provide
such services by gathering, processing and marketing oil, gas
and NGL production in a timely and efficient manner. Our most
significant midstream asset is the Bridgeport processing plant
and gathering system located in north Texas. These facilities
serve not only our gas production from the Barnett Shale but
also gas production of other producers in the area. Our
midstream assets also include our 50% interest in the Access
Pipeline transportation system in Canada. This pipeline system
allows us to blend our Jackfish heavy oil production with
condensate and then transport the combined product to the
Edmonton area for sale.


 





Our marketing and midstream revenues are primarily generated by:


 






























  • 
selling NGLs that are either extracted from the gas streams
processed by our plants or purchased from third parties for
marketing, and
 
  • 
selling or gathering gas that moves through our transport
pipelines and unrelated third-party pipelines.


 





Our marketing and midstream costs and expenses are primarily
incurred from:


 


































































  • 
purchasing the gas streams entering our transport pipelines and
plants;
 
  • 
purchasing fuel needed to operate our plants, compressors and
related pipeline facilities;
 
  • 
purchasing third-party NGLs;
 
  • 
operating our plants, gathering systems and related
facilities; and
 
  • 
transporting products on unrelated third-party pipelines.


 






Marketing
and Midstream Activities


 





The primary objective of our marketing and midstream operations
is to add value to us and other producers to whom we provide
such services by gathering, processing and marketing oil, gas
and NGL production in a timely and efficient manner. Our most
significant midstream asset is the Bridgeport processing plant
and gathering system located in north Texas. These facilities
serve not only our gas production from the Barnett Shale but
also gas production of other producers in the area. Our
midstream assets also include our 50% interest in the Access
Pipeline transportation system in Canada. This pipeline system
allows us to blend our Jackfish heavy oil production with
condensate and then transport the combined product to the
Edmonton area for sale.


 





Our marketing and midstream revenues are primarily generated by:


 






























  • 
selling NGLs that are either extracted from the gas streams
processed by our plants or purchased from third parties for
marketing, and
 
  • 
selling or gathering gas that moves through our transport
pipelines and unrelated third-party pipelines.


 





Our marketing and midstream costs and expenses are primarily
incurred from:


 


































































  • 
purchasing the gas streams entering our transport pipelines and
plants;
 
  • 
purchasing fuel needed to operate our plants, compressors and
related pipeline facilities;
 
  • 
purchasing third-party NGLs;
 
  • 
operating our plants, gathering systems and related
facilities; and
 
  • 
transporting products on unrelated third-party pipelines.


 






These excerpts taken from the DVN 10-K filed Jun 9, 2008.
Marketing and Midstream Activities
 
The primary objective of our marketing and midstream operations is to add value to us and other producers to whom we provide such services by gathering, processing and marketing oil, gas and NGL production in a timely and efficient manner. Our most significant midstream asset is the Bridgeport processing plant and gathering system located in north Texas. These facilities serve not only our gas production from the Barnett Shale but also gas production of other producers in the area. Our midstream assets also include our 50% interest in the Access Pipeline transportation system in Canada. This pipeline system allows us to blend our Jackfish heavy oil production with condensate and then transport the combined product to the Edmonton area.
 
Our marketing and midstream revenues are primarily generated by:
 
  •  selling NGLs that are either extracted from the gas streams processed by our plants or purchased from third parties for marketing, and
 
  •  selling or gathering gas that moves through our transport pipelines and unrelated third-party pipelines.
 
Our marketing and midstream costs and expenses are primarily incurred from:
 
  •  purchasing the gas streams entering our transport pipelines and plants;
 
  •  purchasing fuel needed to operate our plants, compressors and related pipeline facilities;
 
  •  purchasing third-party NGLs;
 
  •  operating our plants, gathering systems and related facilities; and
 
  •  transporting products on unrelated third-party pipelines.
 
Marketing
and Midstream Activities


 



The primary objective of our marketing and midstream operations
is to add value to us and other producers to whom we provide
such services by gathering, processing and marketing oil, gas
and NGL production in a timely and efficient manner. Our most
significant midstream asset is the Bridgeport processing plant
and gathering system located in north Texas. These facilities
serve not only our gas production from the Barnett Shale but
also gas production of other producers in the area. Our
midstream assets also include our 50% interest in the Access
Pipeline transportation system in Canada. This pipeline system
allows us to blend our Jackfish heavy oil production with
condensate and then transport the combined product to the
Edmonton area.


 



Our marketing and midstream revenues are primarily generated by:


 


























  • 
selling NGLs that are either extracted from the gas streams
processed by our plants or purchased from third parties for
marketing, and
 
  • 
selling or gathering gas that moves through our transport
pipelines and unrelated third-party pipelines.


 



Our marketing and midstream costs and expenses are primarily
incurred from:


 
























































  • 
purchasing the gas streams entering our transport pipelines and
plants;
 
  • 
purchasing fuel needed to operate our plants, compressors and
related pipeline facilities;
 
  • 
purchasing third-party NGLs;
 
  • 
operating our plants, gathering systems and related
facilities; and
 
  • 
transporting products on unrelated third-party pipelines.


 




These excerpts taken from the DVN 10-K filed Feb 28, 2008.
Marketing and Midstream Activities
 
The primary objective of our marketing and midstream operations is to add value to us and other producers to whom we provide such services by gathering, processing and marketing oil, gas and NGL production in a timely and efficient manner. Our most significant midstream asset is the Bridgeport processing plant and gathering system located in north Texas. These facilities serve not only our gas production from the Barnett Shale but also gas production of other producers in the area. Our midstream assets also include our 50% interest in the Access Pipeline transportation system in Canada. This pipeline system allows us to blend our Jackfish heavy oil production with condensate and then transport the combined product to the Edmonton area.
 
Our marketing and midstream revenues are primarily generated by:
 
  •  selling NGLs that are either extracted from the gas streams processed by our plants or purchased from third parties for marketing, and
 
  •  selling or gathering gas that moves through our transport pipelines and unrelated third-party pipelines.
 
Our marketing and midstream costs and expenses are primarily incurred from:
 
  •  purchasing the gas streams entering our transport pipelines and plants;
 
  •  purchasing fuel needed to operate our plants, compressors and related pipeline facilities;
 
  •  purchasing third-party NGLs;
 
  •  operating our plants, gathering systems and related facilities; and
 
  •  transporting products on unrelated third-party pipelines.
 
Marketing
and Midstream Activities


 



The primary objective of our marketing and midstream operations
is to add value to us and other producers to whom we provide
such services by gathering, processing and marketing oil, gas
and NGL production in a timely and efficient manner. Our most
significant midstream asset is the Bridgeport processing plant
and gathering system located in north Texas. These facilities
serve not only our gas production from the Barnett Shale but
also gas production of other producers in the area. Our
midstream assets also include our 50% interest in the Access
Pipeline transportation system in Canada. This pipeline system
allows us to blend our Jackfish heavy oil production with
condensate and then transport the combined product to the
Edmonton area.


 



Our marketing and midstream revenues are primarily generated by:


 


























  • 
selling NGLs that are either extracted from the gas streams
processed by our plants or purchased from third parties for
marketing, and
 
  • 
selling or gathering gas that moves through our transport
pipelines and unrelated third-party pipelines.


 



Our marketing and midstream costs and expenses are primarily
incurred from:


 
























































  • 
purchasing the gas streams entering our transport pipelines and
plants;
 
  • 
purchasing fuel needed to operate our plants, compressors and
related pipeline facilities;
 
  • 
purchasing third-party NGLs;
 
  • 
operating our plants, gathering systems and related
facilities; and
 
  • 
transporting products on unrelated third-party pipelines.


 




This excerpt taken from the DVN 10-K filed Feb 28, 2007.
Marketing and Midstream Activities
 
The primary objective of our marketing and midstream operations is to add value to us and other producers to whom we provide such services by gathering, processing and marketing oil and gas production in a timely and efficient manner. Our most significant marketing and midstream asset is the Bridgeport


7

Table of Contents

processing plant and gathering system located in North Texas. These facilities serve not only our gas production from the Barnett Shale but also gas production of other producers in the area.
 
Our marketing and midstream revenues are primarily generated by:
 
  •  selling NGLs that are either extracted from the gas streams processed by our plants or purchased from third parties for marketing, and
 
  •  selling or gathering gas that moves through our transport pipelines and unrelated third party pipelines.
 
Our marketing and midstream costs and expenses are primarily incurred from:
 
  •  purchasing the gas streams entering our transport pipelines and plants;
 
  •  purchasing fuel needed to operate our plants, compressors and related pipeline facilities;
 
  •  purchasing third-party NGLs;
 
  •  operating our plants, gathering systems and related facilities; and
 
  •  transporting products on unrelated third-party pipelines.
 

EXCERPTS ON THIS PAGE:

10-K (4 sections)
Feb 27, 2009
10-K (2 sections)
Jun 9, 2008
10-K (2 sections)
Feb 28, 2008
10-K
Feb 28, 2007

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