ONEOK Partners Announces Plans To Invest In Natural Gas Processing Plants In ND And WY
ONEOK Partners announced their plan to invest approximately $480 - $680 million by the end of the third quarter 2016 to build two natural gas processing facilities – the Bear Creek plant and the Bronco plant – along with their related infrastructure.
The partnership plans to build the Bear Creek plant, an 80-million cubic feet per day (MMcf/d) natural gas processing facility and its related infrastructure in northwest Dunn County, ND. This plant will process natural gas which is produced in the Williston Basin from the Bakken Shale.
The Bronco plant will consist of a new 100-MMcf/d natural gas processing facility and its related infrastructure in southern Campbell County, WY. This plant will process natural gas produced in the Powder River Basin from Frontier, Sussex, Turner and the Niobrara Shale formations.
Oneok CEO Terry Spencer said "The Bear Creek plant will be built near existing Oneok Partners natural gas gathering, compression and residue takeaway infrastructure in Dunn County and will alleviate pipeline inefficiencies in an area challenged by geographical constraints and severe terrain....The construction of this facility, along with previously announced capital-growth projects, shows our continued commitment to building critical natural gas infrastructure in North Dakota in an effort to meet the industry goal of reducing natural gas flaring to 5 to 10 percent of total production by the fourth quarter 2020."
Since 2010, Oneok Partners has built or is in the process of building, 11 new natural gas processing plants and related infrastructure across its operating footprint – including eight in the Williston Basin. The partnership expects their Williston Basin natural gas processing capacity to increase to nearly 1.2 billion cubic feet per day (Bcf/d) following the completion of the Bear Creek plant and the completion of their previously announced projects in the region.