ONEOK Partners invest up to US$ 680 million in new gas processing facilities
ONEOK Partners L.P. has announced that it plans to invest approximately US$ 480 – US$ 680 million between now and the end of the third quarter 2016 in order to build two new natural gas processing facilities.
The first is the 80 million ft3/ Bear Creek plant in northwest Dunn County, North Dakota, which will process natural gas produced from the Bakken Shale in the Williston Basin; and the second is the 100 million ft3/d Bronco plant in southern Campbell County, Wyoming, which will process natural gas produced from the NGL-rich Turner, Frontier, Sussex and Niobrara Shale formations.
Terry K. Spencer, president and CEO of ONEOK Partners, commented: “In 2014, the partnership has announced US$ 1.5 billion to US$ 1.9 billion in capital growth projects – a continuation of our US$ 7.5 billion to US$ 8.2 billion capital growth program planned through 2016. The Bear Creek and Bronco plants will increase our natural gas processing capacity across our operating footprint by 180 million ft3/d and add additional natural gas and natural gas liquids volumes on our systems. These projects further demonstrate the value of the partnerships integrated operations that allows us to better serve area producers”.
The partnership has strategically positioned capital growth projects in multiple high growth NGL rich areas, including the Williston Basin, the Powder River Basin, and the Cana-Woodford and SCOOP plays in Oklahoma resulting in increased natural gas processing capacity across the partnership’s operating footprint.
Since 2010, ONEOK Partners has constructed, or is constructing, 11 new natural gas processing plants and related natural gas gathering infrastructure across its operating footprint – including eight in the Williston Basin, where the partnership’s natural gas processing capacity in the region is expected to increase by more than 11 times by the end of 2016, compared with 2010.
Adapted from a press release by Emma McAleavey.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/26092014/oneok-gas-processing-facilities-1313/
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