Title : ONEOK Announces New NGL Pipeline; Montana To Kansas; $1.4 Billion -- Keeping America Great -- January 5, 2018
link : ONEOK Announces New NGL Pipeline; Montana To Kansas; $1.4 Billion -- Keeping America Great -- January 5, 2018
ONEOK Announces New NGL Pipeline; Montana To Kansas; $1.4 Billion -- Keeping America Great -- January 5, 2018
Every now and then a developer announces a small wind farm and the local media is all over it, talking about the "new" wind farm. At the other end of the continuum the oil and gas sector seems to announce a new billion-dollar project every week. And there's no fanfare. If it weren't for the company's press release, we would probably never hear about it.If a Martian were to read all the energy stories in the mainstream media, the alien would get the feeling that fossil fuel industry is dead, replaced by wind and solar. Hardly.
Another example, sent by a reader: ONEOK Announces Plans to Increase Natural Gas Liquids Takeaway Capacity out of the Rocky Mountain Region, press release. Details:
- the Elk Creek pipeline
- from ONEOK's Riverview terminal in eastern Montana to Bushton, KS
- 900 miles, 20-inch diameter
- to be completed by end of next year (2019)
- capacity: 240,000 bbls/day of unfractionated NGLs
- the pipeline: $1.2 billion
- related infrastructure costs: $200 million
- with additional pump facilities, capacity will increase to 400,000 bpd
Thus Article ONEOK Announces New NGL Pipeline; Montana To Kansas; $1.4 Billion -- Keeping America Great -- January 5, 2018
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