Tuesday, November 19, 2013

ONEOK Announces New Projects

ONEOK Partners, L.P. today announced plans to invest approximately $650 million to $780 million between now and the second quarter 2016 to:  
  • Build a new 200-million cubic feet per day (MMcf/d) natural gas processing facility – the Lonesome Creek plant – and related infrastructure in McKenzie County, N.D., in the Bakken Shale in the Williston Basin; the Lonesome Creek plant is the partnership's sixth new natural gas processing plant built in the region since 2010 and seventh plant overall; and
  • Complete a second expansion of the Bakken NGL Pipeline, which will increase the pipeline's capacity to 160,000 barrels per day (bpd) from 135,000 bpd.

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