Tulsa based ONEOK is investing over $1bn in natural gas liquids (NGL) and natural gas infrastructure.
NGL Projects:
The new 125,000 bpd MB-5 fractionator and related infrastructure project, which includes system expansions for future additional fractionation, storage and export capabilities in Mont Belvieu, is expected to cost approximately $750m. MB-5 is fully contracted and will increase ONEOK’s total NGL fractionation capacity to more than 1 million bpd.
The Arbuckle II extension project will provide additional takeaway capacity needed to support volume growth in the STACK, and additional NGL gathering infrastructure will allow increasing volumes on the Elk Creek Pipeline access to fractionation capacity at Mont Belvieu. The project is expected to cost approximately $240m.
The 100,000 bpd expansion of Arbuckle II with additional pump facilities is expected to cost $60m. Arbuckle II is currently under construction, with the initial 400,000 bpd of capacity expected to be complete in the first quarter 2020. Contracted capacity on Arbuckle II is now more than 300,000 bpd.
All of the above NGL projects are expected to be completed in the first quarter 2021.
Demicks Lake II plant and related infrastructure:
The 200 MMcf/d natural gas processing facility – the Demicks Lake II natural gas processing plant and related infrastructure in McKenzie County, North Dakota, are expected to cost a total of approximately $410m and be completed in the first quarter of 2020.
The Demicks Lake I and II plants are expected to contribute additional NGL volumes to ONEOK’s NGL gathering system and natural gas volumes to ONEOK’s 50 percent-owned Northern Border Pipeline.
Following the project’s completion, ONEOK’s Williston Basin natural gas processing capacity will increase to more than 1.4 billion cubic feet per day.
For more information visit: www.oneok.com
1st October 2018
