ONEOK to build $1.4 billion Elk Creek Pipeline to aid Bakken

 Jan 16 2018
ONEOK to build $1.4 billion Elk Creek Pipeline to aid Bakken
ONEOK Inc. has announced plans to invest $1.4 billion in a new pipeline and related infrastructure that will increase the take-away capacity of natural gas liquids (NGL) from the Rocky Mountain region to the company’s Mid-Continent NGL facilities.

Based in Tulsa, Oklahoma, ONEOK said the 900-mile-long, 20-inch Elk Creek Pipeline should be completed by the end of 2019. It will have the capacity to transport up to 240,000 barrels per day (bpd) of unfractionated NGLs from near the company's Riverview terminal in eastern Montana to Bushton, Kansas.

The pipeline is estimated to cost approximately $1.2 billion. Related infrastructure is expected to cost about $200 million. The pipeline’s capacity could be expanded to 400,000 bpd with additional pump facilities.

Read more at http://northamericanshalemagazine.com/articles/2222/oneok-to-build-1-4-billion-elk-creek-pipeline-to-aid-bakken