DCP Midstream - Ventures

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DCP Tech Ventures is continuously developing opportunities in external ecosystems to reimagine the energy value chain and drive open innovation

DIGITAL
TRANSFORMATION

  AI/ML, Autonomous operations, Advanced analytics, Digital twins

  IoT Sensors, Edge compute, Satellites, Drones, Aerial surveys

  Augmented Reality/Virtual Reality (AR/VR), Robotics, Safety technologies, Predictive maintenance

  Field workforce digital applications & Customer experience

  Strategic partnerships, Market research, Co-development, Monetization
ENERGY
TRANSITION

  Greenhouse Gas (GHG) reduction and Methane management

  Solar energy, Waste heat recoveries, Other renewables

  Carbon Capture, Utilization, and Storage (CCUS), Renewable Natural Gas (RNG), Responsibly Sourced Gas (RSG), Renewable Energy Certificates (REC)

  Hydrogen and Fusion

  Strategic partnerships, Market research, Policy developments

DCP Technology Ventures is continuously accelerating emerging technologies to improve sustainability & drive efficiencies

We continuously leverage an open innovation platform to pilot digital solutions in partnership with the startup ecosystem. In collaboration with our internal and external business partners, we validate the real-world value of emerging technologies in improving our process and experiences. Here are some current pilots, products, and other highlights.

DCP Midstream has been recognized by the World Economic Forum as an end-to-end connected value chain lighthouse and leader in extending 4th industrial revolution. DCP has been included in this network by its proven success in scaling innovative and advanced manufacturing technologies beyond the pilot stage. Read more
The Integrated Collaboration Center (ICC) is the digital nervous system of our operations helping cross functional teams to enhance reliability, risk mitigation, and profitability. As part of the ICC, 20 gas processing plants are now remotely operated from our Denver headquarters.
In partnership with Kairos Aerospace, DCP is piloting a groundbreaking new methane management initiative. The initiative utilizes Kairos’ sophisticated airborne methane monitoring techniques and advanced data analytics to digitally enable DCP’s goals of operational excellence and sustainability.

The Integrated Collaboration Center (ICC) is the digital nervous system of our operations helping cross functional teams to enhance reliability, risk mitigation, and profitability. As part of the ICC, 20 gas processing plants are now remotely operated from our Denver headquarters.
In partnership with Kairos Aerospace, DCP is piloting a groundbreaking new methane management initiative. The initiative utilizes Kairos’ sophisticated airborne methane monitoring techniques and advanced data analytics to digitally enable DCP’s goals of operational excellence and sustainability.
DCP Tech Ventures and Apergy (now ChampionX) are partnering to bring first of its kind predictive digital solutions using Industrial IOT devices and machine learning models to reduce operating costs and increase reliability of reciprocating compressors. Once validated across its own fleet, the partnership plans to make it available across the industry.

In partnership with Kairos Aerospace, DCP is piloting a groundbreaking new methane management initiative. The initiative utilizes Kairos’ sophisticated airborne methane monitoring techniques and advanced data analytics to digitally enable DCP’s goals of operational excellence and sustainability.
DCP Tech Ventures and Apergy (now ChampionX) are partnering to bring first of its kind predictive digital solutions using Industrial IOT devices and machine learning models to reduce operating costs and increase reliability of reciprocating compressors. Once validated across its own fleet, the partnership plans to make it available across the industry.
DCP Midstream has been recognized by the World Economic Forum as an end-to-end connected value chain lighthouse and leader in extending 4th industrial revolution. DCP has been included in this network by its proven success in scaling innovative and advanced manufacturing technologies beyond the pilot stage. Read more

DCP Tech Ventures and Apergy (now ChampionX) are partnering to bring first of its kind predictive digital solutions using Industrial IOT devices and machine learning models to reduce operating costs and increase reliability of reciprocating compressors. Once validated across its own fleet, the partnership plans to make it available across the industry.
DCP Midstream has been recognized by the World Economic Forum as an end-to-end connected value chain lighthouse and leader in extending 4th industrial revolution. DCP has been included in this network by its proven success in scaling innovative and advanced manufacturing technologies beyond the pilot stage. Read more
The Integrated Collaboration Center (ICC) is the digital nervous system of our operations helping cross functional teams to enhance reliability, risk mitigation, and profitability. As part of the ICC, 20 gas processing plants are now remotely operated from our Denver headquarters.

DCP Midstream has been recognized by the World Economic Forum as an end-to-end connected value chain lighthouse and leader in extending 4th industrial revolution. DCP has been included in this network by its proven success in scaling innovative and advanced manufacturing technologies beyond the pilot stage. Read more
The Integrated Collaboration Center (ICC) is the digital nervous system of our operations helping cross functional teams to enhance reliability, risk mitigation, and profitability. As part of the ICC, 20 gas processing plants are now remotely operated from our Denver headquarters.

In partnership with Kairos Aerospace, DCP is piloting a groundbreaking new methane management initiative. The initiative utilizes Kairos’ sophisticated airborne methane monitoring techniques and advanced data analytics to digitally enable DCP’s goals of operational excellence and sustainability.
DCP Tech Ventures and Apergy (now ChampionX) are partnering to bring first of its kind predictive digital solutions using Industrial IOT devices and machine learning models to reduce operating costs and increase reliability of reciprocating compressors. Once validated across its own fleet, the partnership plans to make it available across the industry.

DCP Midstream has been recognized by the World Economic Forum as an end-to-end connected value chain lighthouse and leader in extending 4th industrial revolution. DCP has been included in this network by its proven success in scaling innovative and advanced manufacturing technologies beyond the pilot stage. Read more

The Integrated Collaboration Center (ICC) is the digital nervous system of our operations helping cross functional teams to enhance reliability, risk mitigation, and profitability. As part of the ICC, 20 gas processing plants are now remotely operated from our Denver headquarters.

In partnership with Kairos Aerospace, DCP is piloting a groundbreaking new methane management initiative. The initiative utilizes Kairos’ sophisticated airborne methane monitoring techniques and advanced data analytics to digitally enable DCP’s goals of operational excellence and sustainability.

DCP Tech Ventures and Apergy (now ChampionX) are partnering to bring first of its kind predictive digital solutions using Industrial IOT devices and machine learning models to reduce operating costs and increase reliability of reciprocating compressors. Once validated across its own fleet, the partnership plans to make it available across the industry.

FUELING THE MIDSTREAM
INNOVATION ENGINE

WHAT WE DO

We partner with the startup ecosystem to drive transformation for DCP and the midstream industry. With the framework of an open innovation platform, we partner with various organizations enabling new emerging technologies.

WHY WE EXCEL

As an industry leader for 90+ years, our midstream expertise is deep. Our multi-year digital transformation journey means we are experienced and positioned to rapidly pilot and adopt emerging technologies. We are focused on helping startups go from good to great and together we can transform the midstream industry.

HOW WE HELP

We help accelerate the adoption of emerging technologies at DCP Midstream. We bring proven digital solutions to our industry peers globally, to scale up their platforms and solutions.

WHAT'S NEXT

As digital transformation leaders, technologists, and industry experts - we are reimagining the energy value chain and driving new possibilities. Come share your vision for the midstream industry. Let us know how we can help.

At DCP, we engage a variety of stakeholders to identify and adopt emerging technologies for the midstream industry. Our goal is to help promote and co-develop solutions for DCP and the broader industry, as well as provide critical feedback by industry experts. The proven digital solutions that are developed internally, or in partnerships, are available for the wider midstream industry globally. For any questions, please reach out to ventures@dcpmidstream.com

Plug and Play

Plug and Play is an accelerator and innovation platform, bringing together the best startups and world’s largest corporations. Plug and Play focuses on accelerator programs, corporate innovation, and venture capital investments. They have 26 locations across the world, each with their own local strategic partners and focus areas.

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Rice Alliance for Technology
and Entrepreneurship

Rice Alliance for Technology and Entrepreneurship is a nationally recognized initiative devoted to the support of technology commercialization, entrepreneurship education, and the launch of technology companies.

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Kairos

In partnership with Kairos Aerospace, DCP is piloting a groundbreaking new methane management initiative. The initiative utilizes Kairos’ sophisticated airborne methane monitoring techniques and advanced data analytics to digitally enable DCP’s goals of operational excellence and sustainability.

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COMPRESSOR LEAK INSIGHTS

In partnership with ChampionX, DCP has developed an AI powered solution offering that detects 86% of compressor valve leaks, up to 6 weeks before traditional threshold alarms - deployed in days, not weeks.

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Product Info

Integrated
Collaboration Center

The ICC is an integrated collaboration center comprised of experts from operations, engineering, gas control, scheduling, and business analysts. Together, they utilize financial, operational, and commercial analytics in real-time through the DSS platform - a custom analytics platform to optimize the full midstream value chain.

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Operations Decision
Support System

DSS is an internally developed solution that enables operational decision making and insights using sensor data and analytics, alerting users to issues across assets. DSS monitors and reports real-time KPIs, accessible 24/7 by all employees on any desktop or mobile device from anywhere across the DCP footprint.

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our locations

California

DCP Technology Ventures
440 N Wolfe Road #2171
Sunnyvale, CA 94065
COLORADO

DCP Technology Ventures
370 17th Street, #2500
Denver, CO 80202
HOUSTON

DCP Technology Ventures
2107 CityWest Blvd, Suite 600
Houston, TX 77042

For any inquiries please email us:

Let’s transform the future of midstream together