Showing posts with label Oneok Partners LP. Show all posts
Showing posts with label Oneok Partners LP. Show all posts

Friday, January 28, 2011

ONEOK plans multi-million dollar NGL pipeline in U.S. West

SIDNEY, Mont. - ONEOK Partners has announced plans to build a multi-million dollar natural gas liquids pipeline through the region.


Representatives of the Tulsa, Okla.-based company have been on the road in eastern Montana and Wyoming visiting with county commissioners and area leaders about the upcoming $430-$500 million project.


The 500-mile Bakken Pipeline, starting near Sidney and traveling south through Wyoming into northern Colorado, will transport raw, unfractionated natural gas liquids from natural gas processing plants in the Bakken Shale play to the company's 50-percent owned existing Overland Pass Pipeline which travels to Kansas where natural gas liquids are processed.

"We’re in the real early stages of this process," Brad Borror, supervisor of external communications, said on a recent trip to Sidney to visit with Richland County commissioners.


ONEOK, doing business as Bear Paw Energy, has already notified affected landowners for surveying properties, and it's looking into purchasing private access for constructing the pipeline. In addition to the Bakken Pipeline, ONEOK is building three new gas plants in North Dakota. The move amounts to a significant financial impact for the MonDak region.


"When it’s all said and done," Borror said, "we’ll be investing approximately $1.5 billion in your region, including this pipeline."


Company officials have to conduct a number of studies focusing on local wildlife, water and soil conditions in order select a route that protects and preserves environmental and cultural resources. Additionally, building the pipeline requires construction approval from federal and state agencies.

Monday, January 4, 2010

Targa Resources to expand Cedar Bayou NGL plant at Mont Belvieu

HOUSTON - Targa Resources Partners LP of Houston plans to expand capacity of its majority-owned Cedar Bayou Fractionators LP natural gas liquids fractionation facility at Mont Belvieu, Texas.
The maximum gross fractionation capacity of the facility is to be expanded by 60,000 b/d to 275,000 b/d, increasing the partnership's maximum gross NGL fractionation capacity along the Texas and Louisiana Gulf Coast to 439,000 b/d.
The CBF expansion is to be supported by a long-term firm space fractionation agreement at market-based fees with Oneok Partners LP.
The expansion will increase Targa Resources’ fee-based percentage of operating income, said Rene Joyce, chief executive of the partnership's general partner and of Targa Resources.