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July 24, 2014
16:36 EDTOKS, OKEONEOK to invest $365M-$470M in Oklahoma SCOOP play
ONEOK Partners announced plans to invest approximately $365M-$470M between now and 4Q16 to construct a new 200M cubic feet per day natural gas processing facility, the Knox plant, and related infrastructure in Grady and Stephens counties in Oklahoma to gather and process natural gas from the emerging South Central Oklahoma Oil Province. The Knox plant and related infrastructure, including expansions and upgrades to the partnership's existing natural gas gathering systems and compression are expected to be completed during 4Q16. The partnership has announced total investments of approximately $6.4B-$6.8B through 2016 for acquisitions and infrastructure growth projects related to natural gas gathering and processing, and natural gas liquids, which includes the projects described above. These investments consist of approximately $3.4B-$3.7B for natural gas gathering and processing projects, and approximately $3.0B-$3.1B for natural gas liquids projects. Approximately $3.1B-$3.3B are for growth projects related to resource development in the Williston Basin in North Dakota.
News For OKS;OKE From The Last 14 Days
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July 30, 2015
16:39 EDTOKSONEOK Partners to spend $70M-$100M for WesTex expansion
ONEOK Partners announced plans to invest $70M-$100M to expand its ONEOK WesTex Transmission intrastate natural gas pipeline system by increasing its throughput capacity by 260 million cubic feet per day of natural gas by Q1 of 2017.

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