Independence Project Recognized for Teamwork

Enterprise Products Partners L.P. was recently presented with the Excellence in Project Integration Award at the 2007 International Petroleum Technology Conference for the partnership's work on the record-setting Independence Project. The award recognizes integrated projects that help advance the industry and are implemented through strong teamwork, solid geoscience knowledge, reservoir and production engineering expertise and responsible construction and engineering practices.

Enterprise originally proposed the hub concept to producers in 2002 as a way to develop stranded natural gas reserves in the deepwater Gulf of Mexico and has invested more than $650 million to design, construct and install the Independence Hub platform and accompanying pipeline system. Located in 8,000 feet of water, the Hub is the world's deepest natural gas processing and treating facility, as well as the largest in terms of capacity, capable of handling up to 1 billion cubic feet per day (Bcf/d) of natural gas. The treated natural gas is transported from the Hub through Enterprise's 134-mile Independence Trail pipeline, which interconnects with the Tennessee Gas Pipeline system for delivery to shore via an interconnect with the partnership's West Delta 68 platform. Like the Hub, Independence Trail is the world's deepest offshore natural gas pipeline and has a capacity of 1 Bcf/d.

The world-record-setting achievements of the Independence project also extend to the subsea infrastructure, developed by a group of four producers led by Anadarko Petroleum Corporation. First production began in July of 2007 and currently exceeds more than 900 million cubic feet per day of natural gas. Anadarko operates eight of the 10 fields, which have 2 trillion cubic feet of total natural gas potential.

The Independence Hub is owned 80 percent by Enterprise and 20 percent by Helix Energy Solutions Group, Inc. The Independence Trail is owned 100 percent by Enterprise. The Atwater Valley Producers Group, which has working interests in and operates the discovery fields, is comprised of Anadarko, Devon Energy Corporation, Eni and StatoilHydro.

The IPTC is sponsored by the American Association of Petroleum Geologists, the European Association of Geoscientists & Engineers, the Society of Exploration Geophysicists and the Society of Petroleum Engineers.