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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
Â鶹´«Ã½ 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.

Case Timeline

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PRESS RELEASE: FTC Agreement Resolves Anticompetitive Concerns Raised by Phillips Petroleum/Duke Energy Collaboration, Duke's Acquisition of Conoco's and Mitchell's Oklahoma Assets

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