ONEOK Partners Details Bakken and Woodford Shale Midstream Projects
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ONEOK Partners, L.P. ,announced plans to invest another $260 million to $305 million between now and the end of 2014 for additional projects in the Bakken Shale in the Williston Basin.
These investments include $135 million to $150 million for the construction of a new 100 million cubic feet per day (MMcf/d) natural gas processing facility - the Stateline II plant - in western Williams County, N.D. - which is expected to be in service in the first half of 2013.
In addition to the investments for the Stateline II plant, ONEOK Partners also expects to invest approximately $80 million to $110 million for expansions and upgrades to its existing gathering and compression infrastructure. ONEOK Partners also expects to invest approximately $45 million between now and the end of 2014 for new well…
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