Oneok Partners LP, Tulsa, reported it will invest $340-360 million through first-quarter 2014 to expand natural gas gathering and build new processing in the Cana-Woodford shale in Oklahoma.
Included will be about $190 million for construction of the 200-MMcfd Canadian Valley natural gas processing plant in Canadian County, Okla. It is to be in service first-quarter 2014.
When completed, the plant will be the company’s largest gas processing plant in Oklahoma and increase its total gas processing capacity in the state to 690 MMcfd.
In addition, Oneok will invest $160 million to expand and upgrade existing gas gathering and compression, increasing the company's gas gathering and processing capacity to 390 MMcfd in the Cana-Woodford shale.
"Additional natural gas processing infrastructure is necessary to accommodate increased production of liquids-rich natural gas in the Cana-Woodford shale," said Pierce H. Norton, Oneok executive vice-president and chief operating officer.
The partnership now has announced a total investment of $4.7 billion to $5.7 billion through 2015 for growth projects in natural gas gathering and processing, natural gas liquids and crude-oil infrastructure.