DTE Midstream Customer Meeting · DTE Midstream Overview – Gregg Russell • Pipeline and...

DTE Midstream Customer Meeting

September 25, 2018

Agenda

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• DTE Midstream Overview – Gregg Russell

• Pipeline and Gathering Update – Chris Zona

• Operations and Logistics Update – Nadine Mathis

DTE Energy

31. Senior unsecured rating

• DTE Energy is a Fortune 300 Company

• Strong Credit Ratings1

– Moody’s: Baa1 with Stable Outlook

– S&P: BBB+ with Stable Outlook

• Market Cap ~$20 Billion

• Two Utilities serving Michigan

– DTE Gas serves 1.3 million customers; founded in 1849

– DTE Electric serves 2.2 million customers; founded in 1903

• Non-Utility segment with operations in ~20 States as well as Canada

Our Business

DTE GasDTE Electric

HeadquartersDTE Non-utility

DTE’s Business Mix

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DTE ElectricElectric generation and distribution

DTE GasNatural gas transmission, storage and distribution

Complementary Non-Utility BusinessesStrong, Stable and Growing UtilitiesFully Regulated by Michigan Public Service Commission

DTE MidstreamTransport, store and gather natural gas

Power & Industrial ProjectsOwn and operate energy related assets, encompassing 66 projects in 17 states

Energy TradingActive physical and financial gas and power marketing company

~75-80% of total earnings ~20-25% of total earnings

Pipeline Platform~880 miles of interstate pipelines across the Midwest and Northeast (MI, OH, NY, IL, IN, ON)

Millennium Pipeline: 1.8 Bcf/d capacity- Eastern upgrade + new CPV line

Vector Pipeline:1.3 Bcf/d capacity

NEXUS Pipeline: 1.5 Bcf/d capacity; in-service Q4 2018

Birdsboro Pipeline: ~80,000 MMcf/d supporting new CCGT outside Philadelphia; in-service Q4 2018

DTE Midstream: Three complementary business platforms

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Storage PlatformMichigan Storage• 91 Bcf of working capacity• Strategically located between

Chicago and Dawn trading hubs with connections to Vector, NEXUS, Rover and DTE Gas pipelines

• 1.2 Bcf/d of deliverability• Currently serving more than 40 large

customers• New enhanced deliverability services

for electric generation customers

Gathering PlatformMichigan Gathering: ~590 miles of pipelines, up to 30” diameter, supporting ~6,000 wells, 0.8 Bcf/d capacity

Bluestone Gathering - NE Marcellus: ~265 mile gathering system; 55 miles high-pressure header system (16” to 30”) and 210 miles of field gathering (8” -16”); ~1.25 Bcf/d cap. to Millennium and TGP

Link System - SW Marcellus: ~180 mile system; Appalachia Gathering System and Stonewall Gas Gathering; incl’s a high-pressure 36” header north to Texas Eastern and south to Columbia Pipeline; ~2.2 Bcf/d cap.

Tioga Gathering: New system in Tioga County, PA with current cap. 140 MMcf/d

Midstream assets support expansion into adjacent regions and markets

Mid-Atlantic & LNG

Exports

Great Lakes

Link Lateral & Gathering

Bluestone

St. Louis

Indianapolis

Chicago

Milwaukee

Washington, DC

Midwest

Southeast

Cove Point LNG

Minneapolis

New England

BirdsboroPipeline

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Tioga Gathering

Linking Supply & Demand Through Strong Customer Relationships

Fueling Growth & Delivering Value to Customers

Gathering & processing Interstate Pipelines Underground Storage

Mar

kets

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DTE Midstream: The Skillset to Serve

We bring strong customer-centric solutions to the table

Strong electric and gas utility relationships and deep

expertise in gas-fired power generation through our

Power & Industrial business

Strong understanding of producer’s needs having

built two DTE E&P businesses (Antrim and Barnett), sold in ‘07/’12

A large and well capitalized company with a strong

balance sheetProven engineering, construction and O&M skills

in pipelines, G&P and storage

Energy Trading business that can provide our customers with marketing and hedging

services

Industry leading reliability and safety records

A long and successful track record with partnerships in

the midstream space

Asset footprint well connected to load centers

and storage capacity

8www.dtemidstream.com

Agenda

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DTE Midstream: Our Values

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DTE Midstream Operations

Link Lateral & Gathering

Bluestone

St. Louis

Indianapolis

Chicago

Milwaukee

Washington, DC

New YorkBirdsboro Pipeline

South Romeo, MIDetroit, MI

Canonsburg, PA

New Milford, PA

Morgantown, WV

Michigan Gathering

DTE Storage

Regional Office

Tioga Gathering

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Bluestone Gathering

• Started greenfield development in late 2010

• 256 miles of gathering, >130,000 HP

• Our original forecast expected volumes to peak at ~0.3 Bcf/d; current volumes are >1.2 Bcf/d

• YTD 2018 compressor runtime: average 98.4%

Bluestone Volumes, MMcf/d

Original Forecast

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Link Gathering System

• In October 2016, DTE acquired 100% of AGS and 55% SGG

• 175 miles of gathering, >20,000 HP• Capacity of 2.2 Bcf/d• Currently in flight on $250 MM in expansions at

AGS• Active slip remediation program• Delivers into TETCO, NEXUS and TCO• Future interconnections with MVP and ACP• YTD 2018 compressor runtime: average 99.4%

Utica ShaleMarcellus

Shale

Link Lateral &

Gathering

NEXUS Pipeline

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Birdsboro Pipeline Project

Project Summary:

DesignCapacity:

80 mmcf/dApprox. 14 miles of 12” pipe

In-Service: Late 2018

Customer: Birdsboro Power LLC

• FERC jurisdictional lateral from TETCO system

• Received FERC Certificate and Notice to Proceed Q1 2018

• Began construction 2018; Plan to be in-service late 2018

Key Milestones:

NEXUS links prolific supply to a strong and growing market; and is on track for Q4 in-service

Project Summary:

DesignCapacity:

1.5 Bcf/d New: 255 miles of 36” pipe and4 compressor stations in Ohio (total of 578 miles including existing pipe)

Access to the most prolific, low-cost supply basin in North America – 50 Bcf/d by 2030 High pressure pipeline operating near 1440 psig Well connected to Michigan and Ontario storage – 690 Bcf and 270 Bcf respectively Appalachian basis is expected to continue to trade at deep discounts Well connected to markets in Ohio, Michigan, Ontario and Chicago, providing market liquidity

Key Advantages:

Nexus Market Connections

Shippers:

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Agenda

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Operations & Logistics

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Contracts

LINK (AGS/SGG)BluestoneBirdsboro

TiogaWashington10MI Gathering

Gas Management (Nominations)


TiogaWashington10

Exception: MI Gathering (DTE Gas)

Invoices


TiogaWashington10MI Gathering

• Our partners in NEXUS, Vector and Millennium handle the contracts, gas management and invoices

Gas Management System Changes

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• Utilize Trellis for Current Gathering Assets– LINK (AGS/SGG)– Bluestone

• Birdsboro on Trellis upon In-Service– Informational Postings Website– Currently testing EDI/capacity release functionality

• Tioga Moves onto Trellis before Year-End– Upgrading from manual nomination/invoices to electronic system

• Washington 10 Storage Implementation– Transition from Latitude to Trellis– Support Hourly services– Q1 2019

www.dtemidstream.com

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User Access

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User Access/Notifications

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TIO

User Access/Notifications

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(BRD Only)

(BRD Only)

(BRD Only)

• Two Step for User Access Setup– Access Level– Notifications

Contacts - Operations & Logistics

[email protected]

During Business Hours:

After-Hours Coverage:Weekends, holidays or weekdays after 5 PM EST:Please call 313.235.3345 for after-hour nomination assistance

Anna YoungOffice: 313.235.9851Cell: 248.878.8956e-mail: [email protected]: ayoung15

Mike MoakleyOffice: 313.235.5043Cell: 313.938.2481e-mail: [email protected]: mmoakley

Tamica JohnsonOffice: 313.235.1111Cell: 248.252.1181e-mail: [email protected]: tjohnson2

Arlyn BatchelderOffice: 313.235.1825Cell: 313.401.9044e-mail: [email protected]: abatchelder

Sandy SchmidtSr Contract SpecialistOffice: 313.235.1148Cell: 313.820.7943e-mail: [email protected]: sschmidt

Nadine MathisDirector – Operations and LogisticsOffice: 313.235.6673Cell: 713.805.6835e-mail: [email protected]: nmathis5

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mailto:[email protected]






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