Huge NGL Capacity Increase In The Bakken -- ONEOK -- March 12, 2015

Link here; this is from the March, 2015, presentation. Williston Basin slides, #14 - #18.

Reiterates flaring goals in North Dakota:

• 23% by January 1, 2015
• 15% by January 1, 2016
• 10% by October 1, 2020

Still plenty of natural gas to be captured and flared in the Williston Basin

• currently processing capacity: 600 million cubic feet/day
• by 3Q16: 980 million cubic feet/day 
• represents a 63% increase in processing capacity

Update on Bear Creek

• increase CAPEX from $230 million to $330 million
• 80 million cf/d
• on-line: 3Q16

Pipeline to connect Bear Creek to Bakken NGL pipeline

• increase CAPEX from $35 million to $45 million
• to be completed by 3Q16

Update on Lonesome Creek

• increase CAPEX from $550 million to $680 million
• 200 million cf/d
• on-line: 4Q15

Bakken NGL Pipeline expansion

• expanded capacity from  60,000 bpd from 135,000 bpd; completed 9/14
• will expand again; from 135,000 bpd to 160,000 bod by 2Q16
• connects third-partts and Sage Creek in Powder river Basin to Bakken NGL Pipeline which connects to the Overland Pass Pipeline Expansion (ONEOK with 50% interest)