It owns and operates one of the nation's premier natural gas liquids (NGL) systems and is a leader in the gathering, processing, storage and transportation of natural gas. 100 West Fifth Street ONEOK Inc. (NYSE: OKE) revealed plans to invest approximately $295 million to expand its West Texas LPG pipeline system on Sept. 10, which provides NGL takeaway capacity for Permian Basin producers. , . The system provides transportation services to the Mont Belvieu market center from nearly 40 third-party natural gas processing plants located in the Permian Basin. Tulsa, OK 74103 Greenhouse gas data, voluntary reporting, electric power plant emissions. ONEOK is a FORTUNE 500 company and is included in the S&P 500. In West Texas, increased takeaway capacity out of the Permian region helped narrow the price difference between the Waha Hub and Henry Hub in 2021. The expansion project, which is expected to be completed in 1Q20, is supported by long-term dedicated NGL production from six third-party natural gas processing plants in the Permian Basin that are expected to produce up to 60 000 bpd of NGLs. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by these factors. [3], The second expansion was announced in September 2018. Some of the statements contained herein are forward-looking statements as defined under federal securities laws. Tuesday, 11 September 2018 09:00. - A new haptic interface in development allows ROV operators to experience currents, rough seas and even the weather through force feedback, motion and vibration. West Texas LPG Pipeline is an NGL pipeline system that consists of approximately 2,600 miles of NGL pipeline in Texas and New Mexico. Database of selected U.S. and international exploration wells. ONEOK Inc. (NYSE: OKE) revealed plans to invest approximately $295 million to expand its West Texas LPG pipeline system on Sept. 10, which provides NGL ONEOK continues discussions with producers and processors in the region for additional potential volume commitments. 2023-07-26 Those factors may affect our operations, markets, products, services and prices. Maps by energy source and topic, includes forecast maps. ONEOK To Expand West Texas LPG Pipeline System For $295 Million, Meritorious Awards for Engineering Innovation (MEA), Tech Trends: An Even More Remote Remotely Operated Vehicle? , , , , , , Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, ONEOK to Participate in Citi Midstream Energy Infrastructure Conference, ONEOK Releases Annual Corporate Sustainability Report, The construction of an approximately 120-mile, 16-inch pipeline lateral that will have an initial capacity of 110,000 bpd; and. Similarly, the Waha Hub in West Texas, in the Permian Basin production region, averaged $0.85/MMBtu below Henry Hub. The proposed border facilities would connect upstream with a potential intrastate natural gas pipeline, the Saguaro Connector Pipeline, which would be designed to transport natural gas from ONEOK's existing WesTex intrastate natural gas pipeline system in the Permian Basin in West Texas to Mexico. The West Texas LPG Pipeline is a natural gas liquids (NGL) pipeline system that provides takeaway capacity to Permian Basin producers and consists of approximately 2,600 miles of NGL pipeline in Texas and New Mexico. Beginning in 2H22, pipeline maintenance events restricted natural gas flows out of the Permian region intermittently, contributing to price volatility at the Waha Hub. Tulsa, OK 74103 The forward-looking statements relate to our anticipated financial performance (including projected net income, capital expenditures, cash flow and projected levels of dividends), liquidity, management's plans and objectives for our future growth projects and other future operations (including plans to construct additional natural gas and natural gas liquids facilities and related cost estimates), our business prospects, the outcome of regulatory and legal proceedings, market conditions and other matters. WebONEOK WEST TEXAS NGL PIPELINE, L.L.C. Embed article link: (copy the HTML code below): This article has been tagged under the following: US pipeline news ONEOK Inc. announced that the West Texas LPG Pipeline Limited Partnership, a joint venture between ONEOK, which is the operator and owns 80 Additionally, the proposed border facilities would connect at the International Boundary with a new pipeline under development in Mexico for delivery to an export facility on the West Coast of Mexico. [2] The system The Permian Basin in southeastern New Mexico and western Texas is the largest crude oil and natural gas producing basin in the U.S. 2023 Copyright North American Energy Pipelines | Wordpress Website by OuterBox, ONEOK Announces Second Expansion of the West Texas LPG Pipeline System, CSNRI, Inductosense Partnership to Improve Pipeline Integrity, Primoris Services Completes $470 Million PLH Group Acquisition, New Jersey Resources Names Ginger Richman VP of NJR Storage and Transportation, Vision RNG Breaks Ground at Meridian Waste Site for Landfill Gas Project. The Permian Basin in southeastern New Mexico and western Texas is the largest crude oil and natural gas producing basin in the U.S. 2023-08-22 The facility is expected to be completed in the third quarter of 2023 and will increase ONEOK's total NGL fractionation capacity to more than 1 million bpd. Texas Common Carrier No. Save to read list 918-588-7000, ONEOK's Saguaro Connector Pipeline Files Permit Application for Proposed Natural Gas Border-Crossing Facilities at the U.S. and Mexico Border, https://www.prnewswire.com/news-releases/oneoks-saguaro-connector-pipeline-files-permit-application-for-proposed-natural-gas-border-crossing-facilities-at-the-us-and-mexico-border-301707661.html. TULSA, Okla., Dec. 20, 2022 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that its Saguaro Connector Pipeline subsidiary has filed a Presidential Permit application with the Federal Energy Regulatory Commission (FERC) to construct and operate facilities for the exportation of natural gas at a new international border-crossing at the U.S. and Mexico border in Hudspeth County, Texas. [3] The Permian Basin in southeastern New Mexico and western Texas is the largest crude oil and natural gas producing basin in the U.S.[3], The first expansion involved a 120-mile lateral pipeline to the Delaware Basin. All rights reserved. 2023 Endeavor Business Media, LLC. instructions how to enable JavaScript in your web browser. These factors are not necessarily all of the important factors that could cause actual results to differ materially from those expressed in any of our forward-looking statements. Send your feedback to, Residential Energy Consumption Survey (RECS), Commercial Buildings Energy Consumption Survey (CBECS). "Acquiring the remaining interest in West Texas LPG is a strategic step in our broader Permian Basin strategy," said Terry K. Spencer, ONEOK president and chief executive officer. The expansion includes the construction of: "This second expansion of the West Texas LPG Pipeline system will serve continued growth in the Permian Basin and positions ONEOK for additional future expansion opportunities in the Permian," said Terry K. Spencer, ONEOK President and Chief Executive Officer. Read the article online at: https://www.worldpipelines.com/business-news/11092018/oneok-to-further-expand-west-texas-lpg-pipeline-system/. ONEOK is a FORTUNE 500 company and is included in Standard & Poor's (S&P) 500 index. Oneok Inc., Tulsa, will spend $295 million for a second expansion of its West Texas LPG LP pipeline system, which provides natural gas liquids takeaway capacity for Permian basin producers. For the latest news about ONEOK, find us on LinkedIn, Facebook and Twitter. The expansion project, which is expected to be completed in the first quarter 2020, is supported by long-term dedicated NGL production from six third-party natural gas processing plants in the Permian Basin that are expected to produce up to 60,000 barrels per day (bbl/d) of NGL. 100 West Fifth Street Energy news, analysis, interviews, and exclusive coverage you need to keep your industry edge. Here are the We make these forward-looking statements in reliance on the safe harbor protections provided under federal securities legislation and other applicable laws. WebONEOK West Texas NGL Pipeline, L.L.C. TULSA, Okla., Nov. 15, 2021 /PRNewswire/ --ONEOK, Inc. (NYSE: OKE) today announced plans to complete previously announced natural gas and natural gas liquids (NGL) infrastructure projects, including: "Increasing producer activity and improving demand for natural gas and NGLs drove the decision to restart these attractive return projects," said Pierce H. Norton II, ONEOK president and chief executive officer. One should not place undue reliance on forward-looking statements. TULSA, Okla., July 25, 2018 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced it has entered into an agreement with Martin Midstream Partners L.P. ASCO Group Ltd acquired by private equity firm Endless LLP, ONEOK to further expand West Texas LPG pipeline system. One should not place undue reliance on forward-looking statements. Known and unknown risks, uncertainties and other factors may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Kinder Morgan brings Permian Highway back to full capacity, EIA: US natural gas exports to Mexico increasing at West Texas border, Enhancing Safety: Full Lifecycle Cybersecurity for Oil & Gas EMCS. View original content:https://www.prnewswire.com/news-releases/oneok-restarts-construction-of-natural-gas-and-ngl-projects-301424556.html, ONEOK Plaza "We continue to align our capital investments with our customers' needs and expectations, and remain focused on further enhancing the reliability of our infrastructure. The 125,000 bpd MB-5 fractionator in Mont Belvieu, Texas, is fully contracted and expected to cost approximately $250 million to complete. West Texas LPG Pipeline consists of 2,600 miles of NGL pipeline in Texas and New Mexico and provides transportation to the Mont Belvieu market center from nearly 40 third-party gas processing plants in the Permian basin. Energy-Related Carbon Dioxide Emissions, Energy-Related Carbon Dioxide Emissions at the State Level, Domestic Uranium Production Report Quarterly, State Energy Portal: Updated Analyses and Quick Facts, Residential Energy Consumption Survey Dashboard, Annual Solar Photovoltaic Module Shipments Report, Midwest and Rocky Mountain Transportation Fuels Markets, East Coast and Gulf Coast Transportation Fuels Markets, Difference in natural gas prices between Texas and Henry Hub narrowed in first half 2023, natural gas production increased at a slower pace, shutdown of the Freeport LNG export terminal, shutdown of the El Paso Natural Gas Companys Line 2000. This transaction is expected to close on July 31, 2018, and be funded with cash on hand. When typing in this field, a list of search results will appear and be automatically updated as you type. Dive into this Total-led Papua LNG project gas agreement timed for April, BW Energy produces from second Hibiscus-Ruche well offshore Gabon, Obsidian Energy restarts certain Alberta area production as wildfire threat wanes, 3D Oil finalizes VIC/P79 farmout to ConocoPhillips Australia, Natural Gas Microgrids for the Oil & Gas Industry, U.S. Transportation Security Administration Pipeline Security Directives. Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports. For information about ONEOK, visit the website: www.oneok.com. 2023-07-24 Forward-looking statements include the items identified in the preceding paragraph, the information concerning possible or assumed future results of our operations and other statements contained or incorporated in this news release identified by words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "should," "goal," "forecast," "guidance," "could," "may," "continue," "might," "potential," "scheduled" and other words and terms of similar meaning. Final investment decision on the potential pipeline is expected by mid-2023. Published by Lydia Woellwarth, TULSA, Okla., Sept. 10, 2018 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced plans to invest approximately $295 million
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