Oneok to invest up to $500M in natural gas plant, pipeline

Jan 18, 2013 | 03:22 PM | Thorsten Schier

Tags  Oneok, Oneok Partners, natural gas, gas processing facility, pipeline, Bakken Shale, Williston Basin, natural gas liquids NGLs

NEW YORK — Oneok Partners LP has earmarked between $465 million and $500 million for a new natural gas processing facility, a new pipeline and upgrades to existing infrastructure.

The 100-cubic-feet-per-day plant will be built in eastern McKenzie County, N.D., an area that includes the Bakken Shale and Three Forks formation. It is expected to be operational in the first quarter of 2015, the company said.....

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