Oneok to invest in Bakken, Woodford shale projects

05/03/2010
Oneok Partners LP, Tulsa, will invest $405-470 million through yearend 2011 to expand gathering and processing in the Bakken shale in the Williston basin in North Dakota and the Woodford shale in Oklahoma. These projects are part of a previously announced $2.5-3.5 billion investment plan.North DakotaIncluded is construction of the 100-MMcfd Garden Creek gas processing plant in eastern McKenzie County, ND, and related expansions. Oneok estimates these expansions will cost $150-210 million and double the partnership's processing capacity in the Williston basin. Completion is expected in fourth-quarter 2011.In addition to the plant, Oneok's gas gathering and processing segment will invest $2...
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