UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of Earliest Event Reported):		October 5, 2004

Duke Energy Field Services, LLC
__________________________________________
(Exact name of registrant as specified in its charter)


Delaware	0-31095	76-0632293
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)

370 17th Street, Suite 2500, Denver, CO		80202
_________________________________ (Address of principal executive offices)		___________ (Zip Code)


Registrant’s telephone number, including area code		303-595-3331

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 2.06. Material Impairments.

On September 29, 2004, management of Duke Energy Field Services, LLC concluded that impairment charges of approximately $23 million will be recorded in the third quarter of 2004 related to management’s current assessment of certain gathering, processing, compression and transportation assets being considered for sale. Additional charges associated with management’s periodic review of the carrying value of its assets and equity investments, a planned shut down of a specific plant and a disposal of certain assets during the quarter are estimated to be between approximately $35 million and $40 million and will be recorded in the third quarter of 2004. Approximately $23 million of these additional charges relate to management’s assessment of the recoverability of certain equity investments in affiliates. These total third quarter 2004 charges are not anticipated to result in any cash expenditures.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


	Duke Energy Field Services, LLC (Registrant)

October 5, 2004	By:	Rose M. Robeson

		Name: Rose M. Robeson
		Title: Vice President and Chief Financial Officer

DUKE ENERGY FIELD SERVICES LLC 8-K