Feature
September 2012, Vol. 239 No. 9
ONEOK Partners Plans Major Growth Project Investments
ONEOK Partners, L.P said it plans to invest approximately $980 million to $1.1 billion between now and 2014 to:
* Build a 75,000 natural gas liquids (NGL) fractionator, MB-3, at Mont Belvieu, TX, and related infrastructure;
* Build a 100 MMcf/d natural gas processing facility – the Garden Creek II plant – in eastern McKenzie County, ND, 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 40,000-bpd ethane/propane (E/P) splitter at Mont Belvieu.