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Petitioner's principal place of business was in Denver, Colorado,
when it petitioned the Court.
Petitioner's wholly owned subsidiary owns and operates the
subject assets. These assets, which are depreciated under MACRS,
consist of various systems of interconnected subterranean natural
gas gathering pipelines and related compression facilities (the
gathering systems). The main gathering systems are known as:
(1) The Weld County system, which is located north of Denver,
Colorado, (2) the Milfay/Keystone system, which is located in
eastern Oklahoma, and (3) the Minden system, which is located in
northern Louisiana and southern Arkansas.
The gathering systems' pipelines are laid out like a "spider
web", with small diameter pipelines connecting a well to larger
diameter pipelines that mainly deliver "raw" gas to a processing
plant in or near the oil and gas fields served by the pipelines.
Petitioner does not own an interest in the oil and gas wells that
produce the gas collected by the gathering systems.
A gathering system may be owned or operated by a producer or
by an independent gatherer like petitioner. In either case, the
system serves the same function. Some of petitioner's systems
were once owned by producers, and those systems continue to serve
the same wells that they served before petitioner acquired them.
Those systems continue to perform the same functions as they did
before acquisition.
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Last modified: May 25, 2011