ONEOK Investing $100 Million In NGL Lateral
By Mike Brezonick25 April 2019
ONEOK, Inc., the Tulsa-based midstream service provider and owner of an extensive network of natural gas gathering, processing, storage and transportation assets, has announced plans to invest approximately $100 million to construct a 75-mile natural gas liquids (NGL) pipeline lateral connecting the northern portion of the Bakken NGL Pipeline with a third-party natural gas processing plant in eastern Williams County, N.D.
The lateral is expected to be complete in the fourth quarter of 2020 and is supported by long-term dedicated NGL production, including a minimum volume commitment, which will provide NGLs to ONEOK’s Elk Creek Pipeline. ONEOK continues discussions with producers and processors in the area for additional potential volume commitments.
The lateral will provide access to raw feed NGL pipeline takeaway in an area of Williams County with historically limited transportation options and will provide connectivity with key NGL market centers, the company said.