Wow, It Never Quits, Does It? -- February 21, 2018

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Title : Wow, It Never Quits, Does It? -- February 21, 2018
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Wow, It Never Quits, Does It? -- February 21, 2018

After all the "noise" the past couple of days regarding NGL infrastructure and natural gas/flaring, there seems to have been quite a response.

Now, this, sent to me by a reader (another "huge thank you") -- from a press release: ONEOK will invest $2.3 billion by 2020 to construct:
  • a new 400,000-barrel per day (bpd) natural gas liquids (NGL) pipeline – the Arbuckle II Pipeline – that will create additional NGL transportation capacity between ONEOK's extensive Mid-Continent infrastructure in Oklahoma and the company's existing NGL facilities in Mont Belvieu, Texas;
  • a new 125,000 bpd NGL fractionator – MB-4 – in Mont Belvieu, Texas, and related infrastructure; and, 
  • a new 200-million cubic feet per day (MMcf/d) natural gas processing facility – the Demicks Lake plant and related infrastructure – in the Williston Basin
This is on top of more than $4 billion in announced capital-growth projects since 2017.


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