Duke Energy Corporation, Phillips Petroleum Company, and Duke Energy Field Services L.L.C., In the Matter of

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In the Matter of Duke Energy Corporation, Phillips Petroleum Company, and Duke Energy Field Services L.L.C.
FTC Matter/File Number:

001 0080

Docket Number:

C-3932

Enforcement Type:

Part 2 Consents

Case Summary

Duke agreed to divest 2,780 miles of gas gathering pipeline in Kansas, Oklahoma and Texas to settle antitrust concerns stemming from Duke’s and Phillips Petroleum Company’s proposed merger of their natural gas gathering and processing businesses and its proposed acquisition of gas gathering assets in central Oklahoma from Conoco Inc. and Mitchell Energy and Development Corporation. The new company will be known as Duke Energy Field Services, L.L.C.

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