Wednesday, February 25, 2015

ONEOK To Halt Work On Three Mid-Continent Gas Plants -- February 25, 2015

Link here.

The three projects:
  • In mid-2014, Oneok announced plans for the 200-MMcfd Knox plant in Grady and Stephens counties, Oklahoma. It was to spend $365-470 million by expected plant start-up in late 2016. The Knox plant was to increase Oneok’s Oklahoma gas processing capacity to 900 MMcfd. Estimated costs included $175-240 million to build the plant and $190-230 million to build related systems, including gas gathering pipelines and compression.
  • The 100-MMcfd Bronco plant being built in southern Campbell County, WY, was to serve production from the NGL-rich Turner, Frontier, Sussex, and Niobrara shales. At its announcement in second-half 2014, Bronco was expected to cost $215-305 million to build towards a third-quarter 2016 completion. Oneok was spending $130-190 million to build the plant; $45-60 million to build a 65-mile, 10-in. NGL pipeline to connect it to Oneok’s Bakken NGL pipeline lateral; and $40-55 million to build related gas systems. 
  • The 200-MMcfd Demicks Lake plant in McKenzie County, ND, is part of 500 MMcfd of processing under way in the county, including the 100-Garden Creek III plant that was to be completed at yearend 2014 and the 200-MMcfd Lonesome Creek plant scheduled for completion in fourth-quarter this year. 
I track the ONEOK natural gas processing plants in North Dakota at this post

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