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ONEOK to Build New NGL Pipeline

Jan 8, 2018

ONEOK LogoONEOK, Inc. (NYSE: OKE) has announced plans to invest $1.4 billion to construct a new pipeline and related infrastructure to transport natural gas liquids (NGLs) from the Rocky Mountain region (primarily North Dakota) to the company's existing Mid-Continent NGL facilities. 

The Elk Creek Pipeline – an approximately 900-mile, 20-inch diameter pipeline that is expected to be completed by the end of 2019 – 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 Elk Creek Pipeline is expected to cost approximately $1.2 billion, with related infrastructure costs expected to total approximately $200 million. The pipeline will have the capability to be expanded to 400,000 bpd with additional pump facilities.

Click here to view pipeline map. (Adobe document)

Click here to view ONEOK news release.

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