ONEOK Partners invests in additional natural gas processing plant in North Dakota
ONEOK Partners 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 of North Dakota.
These investments include $135 million to $150 million for the construction of a new 100 million cf/d natural gas processing facility (the Stateline II plant) in western Williams County, North Dakota, 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 connections associated with the Stateline II facility.
The partnership previously announced plans to construct two other new natural gas processing facilities in the region, the Garden Creek and Stateline I plants. When completed, the combined natural gas processing capacity of the Stateline II plant, the Garden Creek plant, the Stateline I plant and the existing Grasslands natural gas processing facility will be approximately 400 million cf/d, nearly quadrupling the partnership's current processing capacity in the Williston Basin.
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