Midstream - Pipelines
ONEOK Partners to Expand Bakken Pipeline and Construct Mont Belvieu NGL Fractionator
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ONEOK Partners, L.P. (NYSE: OKS) today announced plans to invest approximately $980 million to $1.1 billion between now and 2014 to:
Build a new 75,000 barrel-per-day (bpd) natural gas liquids (NGL) fractionator, MB-3, at Mont Belvieu, Texas, and related infrastructure; Build a new 100 million cubic feet per day (MMcf/d) natural gas processing facility – the Garden Creek II plant – in eastern McKenzie County, N.D., in the Bakken Shale in the Williston Basin, and related infrastructure; Increase capacity on the Bakken NGL Pipeline to 135,000 bpd from 60,000 bpd; and Build a new 40,000 bpd Ethane/Propane (E/P) splitter at Mont Belvieu, Texas.Construct a New Mont Belvieu, Texas, NGL Fractionator and related infrastructure:
The new MB-3 fractionator is expected to cost approximately $375…
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