Oneok Partners LP plans to invest $480-680 million between now and the end of 3Q2016 to build two natural gas processing facilities and associated infrastructure in North Dakota and Wyoming, the partnership said Monday.
Tulsa-based Oneok said it plans to build its 80 MMcf/d Bear Creek processing facility in northwest Dunn County, ND, and its 100 MMcf/d Bronco processing plant in southern Campbell County, WY. Bear Creek would serve the Bakken Shale in the Williston Basin, while Bronco would serve the Turner, Frontier, Sussex and Niobrara shale formations in the Powder River Basin.
180MMCf/d for US$500M
=US$160M/ 22PJpa
= AUD$213 (@.75)
Say half this much thanks to existing infrastructure.
All I'm saying is I'm very weary of POWERPOINT slides from Honeywell. These $20M costs are just how inclusive??
Source:
http://www.naturalgasintel.com/articles/99808-oneok-to-invest-480-680m-on-gas-processing-plants
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