ONEOK details Bakken Shale Midstream Infrastructure Projects
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Mont Belvieu, NGL Fractionator and related infrastructure:
The new MB-3 fractionator is expected to cost approximately $375 million to $415 million and will be the partnership's third fractionator located in Mont Belvieu. MB-3 is expected to be in service during the fourth quarter of 2014 and will supplement the partnership's 80-percent-owned, 160,000-bpd MB-1 fractionator, as well as the partnership's 100-percent owned, 75,000-bpd MB-2 fractionator, which is currently under construction and is scheduled for completion in mid-2013.
This investment also includes approximately $150 million to $160 million to expand the partnership's Mont Belvieu NGL storage facilities, existing Oklahoma NGL gathering system, and the existing Arbuckle and Sterling II pipelines.
"These investments to grow our…
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