Enterprise Products Partners L.P., (EPD) Enbridge Energy Partners L.P., (EEP) and Anadarko Petroleum Corp. (APC) have agreement to design and construct a new natural gas liquids (NGL) pipeline that will originate from Skellytown, Texas in Carson County and extend approximately 580mi to NGL fractionation and storage facilities in Mont Belvieu, Texas. The new Texas Express Pipeline (TEP) will help producers in West and Central Texas, the Rocky Mountains, Southern Oklahoma and the Mid-continent maximize the value of their natural gas production by providing additional takeaway capacity and enhanced access to the Gulf Coast NGL market. Initial capacity on TEP will be approximately 280,000BPD, which can be readily expanded to approximately 400,000BPD. In addition, the joint venture will include two new NGL gathering systems. The first will connect TEP to natural gas processing plants in the Anadarko/Granite Wash production area located in the Texas Panhandle and Western Oklahoma. The second NGL gathering system will connect the new pipeline to Central Texas, Barnett Shale processing plants. Volumes from the Rockies, Permian Basin and Mid-continent regions will be delivered to the TEP system utilizing Enterprise’s existing Mid-America Pipeline assets between the Conway hub and Enterprise’s Hobbs NGL fractionation facility in Gaines County, Texas. Enterprise will construct and serve as the operator of the pipeline, while Enbridge will build and operate the new gathering systems. The pipeline and gathering systems are expected to begin service in the second quarter of 2013, subject to regulatory approvals.