HOUSTON, Jul 28, 2010 (BUSINESS WIRE) -- Enterprise Products Partners L.P. (NYSE:EPD) today announced that construction of the southernmost segment of its Trinity River Lateral pipeline, consisting of 31 miles of 30-inch diameter pipe, is now complete and available to accept shipments of natural gas. The northern portion of the pipeline, which is comprised of approximately nine miles of 36-inch diameter pipe and a four-mile, 20-inch lateral, was placed into service in September of 2009 and has been providing transportation services for natural gas produced from the Newark East Field in Wise County, Texas. In total, the Trinity River Lateral pipeline extends from the Trinity River Basin north of Arlington, Texas to an interconnect with the partnership's 173-mile Sherman Extension pipeline near Justin, Texas and will provide producers in Tarrant and Denton Counties with up to 1 billion cubic feet per day (Bcf/d) of takeaway capacity.

"By supporting this initiative with long-term contracts, producers in the Barnett Shale have clearly indicated that midstream infrastructure continues to be a high priority, and we are pleased to provide them with another option for maximizing the value of their natural gas production," said A.J. "Jim" Teague Enterprise executive vice president and chief commercial officer. "The Trinity River Lateral project is another example of Enterprise utilizing our integrated network of energy assets to broaden the partnership's footprint in key producing areas. It provides the foundation to expand our network more effectively and efficiently in order to capitalize on additional growth opportunities."

Low finding costs, developed infrastructure and a low basis differential all point to continued brisk activity in the Barnett Shale. Current production out of this region is approximately 5 Bcf/d.

Enterprise Products Partners L.P. is the largest publicly traded energy partnership and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. The partnership's assets include: 49,100 miles of onshore and offshore pipelines; approximately 200 million barrels of storage capacity for NGLs, refined products and crude oil; and 27 billion cubic feet of natural gas storage capacity. Services include: natural gas transportation, gathering, processing and storage; NGL fractionation, transportation, storage, and import and export terminaling; crude oil and refined products; offshore production platform services; petrochemical transportation and storage; and a marine transportation business that operates primarily on the United States inland and Intracoastal Waterway systems and in the Gulf of Mexico. Enterprise Products Partners L.P. is managed by its general partner, Enterprise Products GP LLC, which is wholly owned by Enterprise GP Holdings L.P. (NYSE:EPE) . For more information on Enterprise GP Holdings L.P., visit www.enterprisegp.com.

This press release includes "forward-looking statements" as defined by the Securities and Exchange Commission. All statements, other than statements of historical fact, included herein that address activities, events or developments or transactions that Enterprise expects, believes or anticipates will or may occur in the future, including anticipated benefits and other aspects of such activities, events, developments or transactions, are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including required approvals by regulatory agencies, the possibility that the anticipated benefits from such activities, events, developments or transactions cannot be fully realized, the possibility that costs or difficulties related thereto will be greater than expected, the impact of competition and other risk factors included in the reports filed with the Securities and Exchange Commission by Enterprise. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. Except as required by law, Enterprise does not intend to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: Enterprise Products Partners L.P.

Enterprise Products Partners L.P. 
Investor Relations 
Randy Burkhalter, (713) 381-6812 or (866) 230-0745 
or 
Media Relations 
Rick Rainey, (713) 381-3635

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