Company Overview

Based in Dallas, Regency Energy Partners LP (NYSE: RGP) owns approximately 5,259 miles of gathering pipeline, nine active midstream-operated treating/processing plants and approximately 848,000 horsepower of third-party revenue generating horsepower of compression.  Regency's assets also include a 49.99% ownership interest in the Haynesville Joint Venture, which owns the Regency Intrastate Gas System, consisting of 450 miles of intrastate pipeline in North Louisiana, a 49.9% interest in the Midcontinent Express Pipeline, which consists of approximately 507 miles of interstate pipeline stretching from southeast Oklahoma to an interconnect in Alabama, and a 30% interest in Lone Star NGL LLC, an NGL storage, fractionation and transportation business. Regency's assets are located in some of the most prolific gas producing regions of the United States, including the Haynesville, Eagle Ford, Barnett, Fayetteville and Marcellus Shales, as well as the west Texas and Mid-continent regions.

Regency has four primary reporting segments:

• The Gathering and Processing Segment involves collecting raw natural gas from producer wells and transporting it to treating and processing plants to remove impurities and separate the natural gas liquids.
• The Joint Ventures Segment uses interstate and intrastate pipelines to transport natural gas from receipt points on its system to interconnections with larger pipelines, trading hubs and other markets.
• The Contract Compression Segment provides turnkey natural gas contract compression services, with a focus on meeting the complex requirements of field-wide compression applications.
• The Contract Treating Segment owns and operates a fleet of equipment used to provide treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration and BTU management, to natural gas producers and midstream pipeline companies.